Archived posting to the Leica Users Group, 2008/04/09
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]>From Wikapedia: For a person dying during 2006, 2007, or 2008, the "applicable exclusion amount" is $2,000,000, so if the sum of the taxable estate plus the "adjusted taxable gifts" made during lifetime equals $2,000,000 or less, there is no federal estate tax to pay. On Wed, Apr 9, 2008 at 12:16 AM, Mark Rabiner <mark@rabinergroup.com> wrote: > > Absolutely. To get $1.6M today, invested at 6% and without those pesky > > income and death taxes, he would have had to have sold a print in 1930 > for > > about $18,000, a fortune then. Where is the time machine when you need > it? > > > > Ken > > > > > > But you'd have death taxes as you'd have to have killed yourself to do it. > > Death and taxes. > > > Mark William Rabiner > markrabiner.com > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information > -- Regards, Sonny http://www.sonc.com Natchitoches, Louisiana USA Haikus are easy But sometimes they don't make sense Refrigerator