Posted by ss55 on December 12, 2012 at 10:10:45 from (173.31.19.80):
In Reply to: Death and Taxes. posted by Ultradog MN on December 12, 2012 at 07:31:47:
Most farming families get hit by estate taxes when grampa refuses to deal with it and he leaves it to the kids figure things out after he dies. Then it's too late to do anything about it.
Estate planning, a realistic plan for transfer of ownership in stages and some tax planning will still still elliminate most if not all inheritance taxes for even large farms and businesses.
Sorry, but the article is mostly just political fear mongering.
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