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Coffee Shop
Proposed "death tax" may kill the family farm?
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<blockquote data-quote="larryshoat" data-source="post: 970816" data-attributes="member: 6773"><p>Yeah but couldn't you give the kids a larger portion of the stock each year, for a gradual transfer?</p><p></p><p>I'm thinking land that we buy in the future, if any, will not be put in my name. As Bigfoot says if something God forbid happens to your child then the inlaws will own it.</p><p></p><p>We went through this a few years back and I'm the kind of person that can think of one possible problem after another becoming increasingly obsessed with details. I can see with what's coming that we're going to have to come up with another plan.</p><p></p><p>Larry</p></blockquote><p></p>
[QUOTE="larryshoat, post: 970816, member: 6773"] Yeah but couldn't you give the kids a larger portion of the stock each year, for a gradual transfer? I'm thinking land that we buy in the future, if any, will not be put in my name. As Bigfoot says if something God forbid happens to your child then the inlaws will own it. We went through this a few years back and I'm the kind of person that can think of one possible problem after another becoming increasingly obsessed with details. I can see with what's coming that we're going to have to come up with another plan. Larry [/QUOTE]
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Proposed "death tax" may kill the family farm?
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