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Seems to be a lot of new post's talking about inheritance!
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<p>[QUOTE="coleguy, post: 668959, member: 9167"]Everyone else stated it, but it can't be stated enough....write a will. I've already seen my parents go through this twice now with their parents, when they didn't have a will and all the kids fought over everything, including the houses that nobody wanted to take care of but wanted the money when they sold. My parents, fortunatelly, just signed over their summer home to my sister and I, so that it's already in our names and no inheritance tax will have to be paid. Thats the other thing, all states are different. In CA they place a hefty tax on inheritance when any one thing is 100K or more in value. Property can be signed over before death with no penalties and things like coins can be given as gifts rather than left as inheritance without taxing, and yes it's legal, at least here. Something to think about. Who wants your coins if they won't be able to afford the taxes on them?</p><p>Guy~[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 668959, member: 9167"]Everyone else stated it, but it can't be stated enough....write a will. I've already seen my parents go through this twice now with their parents, when they didn't have a will and all the kids fought over everything, including the houses that nobody wanted to take care of but wanted the money when they sold. My parents, fortunatelly, just signed over their summer home to my sister and I, so that it's already in our names and no inheritance tax will have to be paid. Thats the other thing, all states are different. In CA they place a hefty tax on inheritance when any one thing is 100K or more in value. Property can be signed over before death with no penalties and things like coins can be given as gifts rather than left as inheritance without taxing, and yes it's legal, at least here. Something to think about. Who wants your coins if they won't be able to afford the taxes on them? Guy~[/QUOTE]
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Seems to be a lot of new post's talking about inheritance!
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