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Reply #35: it's $500,000 [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
medeak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-15-08 10:21 PM
Response to Reply #5
35. it's $500,000
Edited on Tue Apr-15-08 10:22 PM by medeak
first $500,000 is tax exempt... then taxable. We have insurance policies just to pay inheritance tax.

when you think of home ect...$500,000 is not that much at an older age.

edited to say...75 yr old mother in law is now working due to inheritance tax...she thought she was set for life.
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