AgTalk Home
AgTalk Home
Search Forums | Classifieds (87) | Skins | Language
You are logged in as a guest. ( logon | register )

Inheritance tax on Farmland ?
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
Posted 11/8/2012 05:08 (#2685307 - in reply to #2685038)
Subject: Re: Inheritance tax on Farmland ?

Central NE

So to save the cost of Estate tax when you die, the land you leave for your kids will be accrueing taxes on inflation at a 55% rate instead of the new capital gains rate of 20%?    That sounds even worse than holding land in a corporation subject to 35% capital gains.

Am I looking at this wrong?

Can't your trustee sell the land and put the money in a bank against the wishes of your children?   That happened to someone here on NAT.

Top of the page Bottom of the page

Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete all cookies set by this site)