Browsing Tag inheritance tax

INHERITANCE TAX – MOST MISUNDERSTOOD!

By at August 23, 2017 | 9:39 am | 0 Comment

INHERITANCE TAX – MOST MISUNDERSTOOD!

I find that inheritance tax or estate taxes are the most misunderstood concepts in the U.S. It is really very simple: Right now, all of us get to give away at death or during our lifetime a total of $5.5M without anyone paying any taxes on it. That's right $5.5M. So what about this $14K limit I heard about. Here's how that works: Notice I said you could give away up to more...

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