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Coffee Shop
Obamacare just screwed me
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<blockquote data-quote="Dega Moo" data-source="post: 1121572" data-attributes="member: 19930"><p>The current 'federal estate tax' does not require a filing in 2014 until the estate net value reaches approximately $5,350,000 or so after all deductions. That means that a few of us on this board will not be increasing the federal government coffers upon our demise. The maximum net value hurdle has been steadily increased over the past 10 to 15 years. </p><p></p><p>Of course Congress could change that on a whim and begin reducing those limits but probably won't until the tax and spend party regains the house. More likely would be an executive order from the pen of the president reducing the estate net value limit. To your heirs, including the government that would change the calculus behind each marginal year of your life going forward. Your death this year would be worth more than your death next year. When that happens I would advise everyone eyeball those heirs a little more carefully. ;-)</p></blockquote><p></p>
[QUOTE="Dega Moo, post: 1121572, member: 19930"] The current 'federal estate tax' does not require a filing in 2014 until the estate net value reaches approximately $5,350,000 or so after all deductions. That means that a few of us on this board will not be increasing the federal government coffers upon our demise. The maximum net value hurdle has been steadily increased over the past 10 to 15 years. Of course Congress could change that on a whim and begin reducing those limits but probably won't until the tax and spend party regains the house. More likely would be an executive order from the pen of the president reducing the estate net value limit. To your heirs, including the government that would change the calculus behind each marginal year of your life going forward. Your death this year would be worth more than your death next year. When that happens I would advise everyone eyeball those heirs a little more carefully. ;-) [/QUOTE]
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Obamacare just screwed me
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