Browsing Tag inheritance
INHERITANCE TAX – MOST MISUNDERSTOOD!
By Tom Martino at August 23, 2017 | 9:39 am | 0 Comment
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...