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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Exempt Family Farms from Estate Taxes.
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Poster Handle
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Anonymous Coward |
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Post Content
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I clear, after expenses, about $65,000 a year. That is because I own my land. I have 500 acres that, because of location, is valued at $2.8 million. after the 1st of January the old rate kicks in of anything over $1 million being taxed at 55%. That is almost $1 million. It took me thirty years to py this place off, now my heirs have to pay another thirty years to keep it?
Quoting: Anonymous Coward 27948157 Hey fuckstain , why didn't you start parceling out early early in your kids lives ? An acre here an an acre there and this wouldn't be an issue now. Your piss poor estate planning is not my problem . Hint land trusts yanno pass on control of the trust without incurring taxes . Too bad you are stupid fuck when it comes to money. Hey, Dipshit, you do know that you cannot parcel out "An acre here an an acre there" because the whole property would have to be resurveyed, subdivided and a whole set of new abstracts drawn up. This ain't your backyard, it is almost 4/5ths of a square mile, and I ain't got $50,000 to get it done. Your piss poor estate planning is again , not my problem . Yet somehow da chilruns are going to come up with one million ? Alrighty then, stupidity gets no sympathy from me. Estate planning starts the minute you acquire your first "saved dollar" not 30 years after you allegedly became an adult. You are one stupid sob. You have absolutely no idea what you are talking about, but that sure doesn't stop your diarrhoea of the face. `What is your problem? Jealous that you are to lazy and retarded to ever acquire anything? You are probably an Obamanoid, so just fly your hammer and sickle flag, worship Dear Leader and leave the adults alone.
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