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| Johns point and yours Dave are both excellent. It changes my opinion on the estate tax. Maybe its just to ingrained in me that you don't deserve anything that you havent worked for. I am very much anti large government and anti government intervention and hate the redistribution crap that our current pres is all about. I believe in the free market. I hadn't thought about the other side of that coin that all that money just ends up in far less deserving hands than a person that just happens to be born into the right family. In your situation I fully understand that it seems ridiculous that your family would basically have to buy back what you already worked and paid for. The other options are no better, selling it to them before something happens to you isn't any better or viable 1 because none of us know when that is and 2 because you loose the control of your assets and any income and opportunities that go along with that before your ready to give them up. And there is the fact that then you would just end up paying capital gains on it anyway loose loose situation. | |
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What is wrong with the fiscal cliff?
