Your State Wants Your Estate

[JPatrick]

I realize that we should strive to die broke, but in the unlikely event you leave a tidy stash you might be shocked at* what your state will take away.* God Bless Missouri.
http://tinyurl.com/qwar4

[Martha]

Yes, a number of states were major PO'd when the feds kept increasing the estate tax exemption. Many states that used to track the federal exemption no longer do so.

Makes sense to me.

[maddythebeagle]

Quote:

Some states, including California, Florida, Michigan, Mississippi, Missouri and Nevada, don't charge residents an estate tax, so people in those states face only the federal estate tax

Maybe it is time to lobby unclemick to be adopted as a niece or nephew....I would be happy to file them drip records and get you the coffee in the morning.....

[unclemick]

Heh heh heh - single without a spouse - back in LA for non relatives estate taxes once upon a time started as low as 25k - yes folks that's $25,000.

Missouri is - more better.

heh heh heh