Get Answers About Death Tax

If the death tax is

Reinstated, willhave the funds and assests in a Trust protect it form the 45-55% tax rate on inherited money and property?

Answered 1/17/2011 | Answer This | 1 Answer | See Question

Does oklahoma have a death tax or inheritance tax?

Answered 1/8/2011 | Answer This | 1 Answer | See Question

What is death tax?

What is death tax ?is it a indirect tax ?

Answered 1/1/2011 | Answer This | 1 Answer | See Question

Can a simple trust avoid this death tax?

If the inheritance tax is reinstated in 2011 can a trust be put in place with the necessary assets to avoid this tax?

Answered 8/2/2010 | Answer This | 1 Answer | See Question

What will the exemption be in 2011 for the death tax?

Does it go back to the 2002 amount of $100,000.00?

Answered 7/29/2010 | Answer This | 1 Answer | See Question

My home is worth about $4,000,000 When I die if I leace it to my kids will they be subjected to 55% death tax on $3,000,000?

I understand that in 2011 the death tax will change to 55% over $1MM. If I have a house worth $4MM this would seem to mean that my kids would have to come up with $1,650,000 in cash within 9 months or be forced...

Answered 4/14/2010 | Answer This | 3 Answers | See Question

Death taxes

What is a death tax ?

Answered 2/21/2010 | Answer This | 1 Answer | See Question

Death tax

What is a death tax ?

Asked 2/21/2010 | Answer This | 0 Answers | See Question

What is the death tax?

What is the death tax?

Asked 2/4/2010 | Answer This | 0 Answers | See Question

Threshold for death tax

What is the canadian threshold for death tax

Asked 1/19/2010 | Answer This | 0 Answers | See Question

Death tax threshold is familly home included

What is the inheritance tax threshold

Asked 1/18/2010 | Answer This | 0 Answers | See Question

Estatechange2010

What changes are expected after 2010 death tax.

Asked 7/12/2009 | Answer This | 0 Answers | See Question

Will we pay a tax on Death Benifits starting in 2011

This question also includes the home if one passes does the living partner have to pay a 55% death tax ? At this time the home would just belong to the living partner. Also will our children have to pay a...

Asked 10/29/2008 | Answer This | 0 Answers | See Question

Federal or State Taxes on Estate of $60K?

My mother died on July 6, 2008, and after all expenses have been paid, her estate will be worth approximately $60K that will be evenly divided three ways - one portion each to two surviving children and the final...

Answered 9/2/2008 | Answer This | 1 Answer | See Question

Inheritance tax rates

Where do I go to find inheritance tax rates and how do I determine the state death tax. I live in Texas.

Asked 6/30/2008 | Answer This | 0 Answers | See Question

Can a father sell his home to a family member before he dies to avoid death tax on the home?

A father is worried about the death tax taking 55% of the value of his home when he dies. He is cared for by his daughter who lives with him. Can he sell the home to his daughter or make her a joint owner in the...

Answered 5/22/2008 | Answer This | 2 Answers | See Question

Death tax and capital gains

My husband's father passed away in 2006. He and his siblings are now going through a sale of property that they have inherited since their grandmother passed. W/ the sale of this property that they have inherited...

Asked 2/21/2008 | Answer This | 0 Answers | See Question

What are the specifications of the death (estate) tax?

My father died recently and I need to know if I will have to pay a death tax this coming tax season. Is this tax dependent on the value of the estate or any other factors? We are going to sell his house, but he...

Answered 10/14/2006 | View Answer | See Question

What is the point of having a death tax?

I just recently learned that your family gets charged a tax on your estate when you die... they collect taxes on this state your whole life (property taxes, income taxes, federal taxes, state staxes), why do you...

Answered 5/16/2006 | View Answer | See Question

All benefits from the eliminating death tax/estate tax will go to the top 2%. so why support it?

All benefits from the eliminating Death tax/Estate Tax will go to the top 2%. So, why do so many Americans support the elimination of this tax, when they will never see the benefit?

Answered 3/28/2006 | View Answer | See Question

Is the true death tax tax the current healthcare system for the uninsured?

I have a cousin whose husband in his mid 50's had congestive heart failure and was a prospering farmer. He had a $1 million policy which was exceeded and died while waitng for a transplant. Now my cousin may...

Answered 1/2/2008 | View Answer | See Question

Inheritance tax, death tax, estate tax?

I'm about to received some inheritance from my father, maybe around USD300k, here's the questions: 1) Is death tax same as estate tax? 2) Does my father has to pay any death or estate tax when he die,...

Answered 11/1/2006 | View Answer | See Question

How do the death tax and health care reform in this country relate to one another?

In other words, I am in support of nationalized health care and also for the abolition of the death tax. Any ideas on what we could do? Actually it is dubbed the death tax - look it up Also, you're off on...

Answered 4/20/2009 | View Answer | See Question

Is it right that obama and hillary want a death tax?

Obama and Hillary Voted NO on permanently repealing the `death tax' McCain is against the death tax what do you think?

Answered 4/3/2008 | View Answer | See Question

Is bringing back the death tax the next phase of 0bama's plan?

Phase 1: Create the death panels that will kill the American people. (In progress) Phase 2: Bring back the death tax (It'll be back in 2011) Everyone will die under the socialized health care system, but...

Answered 9/1/2009 | View Answer | See Question

Will the death tax rise from the dead in 2011?

Currently, the Death Tax is set to expire next year. However, it is expected to only be dead for 1 year before it rises from the dead and returns to its 2002 levels. Is there any chance that the current Congress...

Answered 5/30/2009 | View Answer | See Question

If you have no cash and die, does the state take the death tax from the estate value? washington state?

Our state is raising death tax to 38% , and need info on what to do if one of us dies and if they can tax our home, or make you pay death tax from the value of what the persons worth was when he/she died?

Answered 2/13/2010 | View Answer | See Question

Why does it take the irs so long to process a death tax return?

I've lost both of my parents now,.. it was tough having to bury them and almost immediately start to gather information so that 9 months down the road I could turn in their death tax return...Mom's was...

Answered 10/4/2007 | View Answer | See Question

Why did bush only repeal the death tax for one year?

Isn't that absolutely ignorant? The Death Tax is highly immoral and should be killed immediately and permanently. Why did anybody ever think this atrocious thing is a good idea?

Answered 10/30/2007 | View Answer | See Question

Regarding the death tax.do liberals understand the difference between income and wealth?

The death tax is not based on income, it is based on total wealth. Combine the value of any business (building, equipment, etc) with the value of a home and personal possessions and investments, and many small...

Answered 1/13/2010 | View Answer | See Question

Why do liberals complain about the media consolidation that their beloved death tax creates?

http://online.wsj.com/article/SB121617415128956849 .html?mod=djemEditorialPage "Of course, the estate tax is also what has forced the sale of so many family-owned local newspapers to the "media giants"...

Answered 7/16/2008 | View Answer | See Question

Is it an estate tax, a death tax, a family farm tax, or a white tax?

People refer to it differently, which do you think it is, an Estate Tax, a Death Tax, a Family Farm Tax, or a White Tax?

Answered 6/10/2008 | View Answer | See Question

Is 2010 an exclusively good year to avoid death taxes with the estate tax gone?

Answered 1/5/2010 | View Answer | See Question

Is there any u.s. tax more dumb or evasive than the death tax?

I am sure that anyone who inherits money would not want to pay taxes on it. but is there any tax that is more outlandish than that?

Answered 6/30/2008 | View Answer | See Question

Death tax,how much do you need to inheritance to have to pay taxes ?

The inheritance is $700000.00 Would you need to set aside part of it to pay taxes?

Answered 5/1/2010 | View Answer | See Question

What is the death tax and who does it affect?

Answered 11/22/2006 | View Answer | See Question

Where can i find the 'death tax' rate for california?

I'm trying to decide if I am in need of a living trust or not. Thanks!

Answered 8/18/2007 | View Answer | See Question

How can anyone support the death tax and not be guilty of class envy?

I haven't seen a decent argument for the estate tax that didn't revolve around class envy. Is there any valid support of it that does not involve jealousy??

Answered 12/14/2007 | View Answer | See Question

Please help, obama wants to raise the death tax and we'll lose our business when dad dies?

We'll have to sell the business to pay off the government on top of all of the taxes that we already pay. Can you please vote for McCain so we don't lose our family business? McCain is NOT going to raise...

Answered 10/3/2008 | View Answer | See Question

What will happen if i don't pay the death tax?

I won't pay this I'll go to jail for life rather then pay anymore taxes at all to theese fleas

Answered 10/26/2007 | View Answer | See Question

When republicans changed the name of the estate tax to the death tax did they do that to fool the american?

People into thinking this was a tax on everyone than a tax on the wealthy. The tax started at $2.6 million or more. As an attorney I can tell you that none of them end up paying 50% Ron D: e-mail me!!

Answered 1/21/2008 | View Answer | See Question

Why do conservatives call the inheritance tax the "death tax"?

If it were were a death tax, 100% of Americans would be effected, because we all die. The inheritance tax, however, only applies to the richest Americans. LESS THAN 1 PERCENT Typically, fewer than 2 percent...

Answered 1/1/2008 | View Answer | See Question

Bush men: who benefits from eliminating the death tax?

Can you prove who pays the "death tax" at all? Do you have any experience with "death taxes"? Please tell us in detail and provide Sources. Are you repeatedly suspended because you don't...

Answered 9/14/2008 | View Answer | See Question

Death tax, another stupid idea that obama wants to bring back?

why would Obama want to bring back the death tax? once the money has been taxed once by the government, it no longer belongs to the government and belongs to the person holding it. So why should we tax a DEAD person...

Answered 1/29/2009 | View Answer | See Question

Why does devendra kill the monkeys in massive death tax?

I know why he killed the leader of the troop but why did he kill them all?

Answered 3/12/2010 | View Answer | See Question