Estate Tax
Author: Commenter
Date: 10-02-2017 - 19:05

One thing to watch out for if you move from California is estate tax. Both Washington and Oregon have estate taxes that kick in at lower levels than the federal estate tax. California has no estate tax.

For reference, the federal estate tax begins at an estate (after deducting charitable donations) of $5,490,000 in 2017 for a single person, double that for married. And the exemption of your spouse is inheritable. You have to be in the top .2% of estates to pay anything.

The Republicans are always talking about eliminating the estate tax which they call the "death tax". The problem is that would also eliminate the updating of basis of investments and require the payment of lots of capital gains taxes. So it will be a good talking point to bash the Democrats with but will almost definitely go nowhere.



Subject Written By Date/Time (PST)
  Retirement spots for train lovers SP 0-6-0 10-02-2017 - 11:57
  Re: Retirement spots for train lovers Throttle Hogg 10-02-2017 - 12:05
  Re: Retirement spots for train lovers Pdxrailtransit 10-02-2017 - 12:11
  Re: Retirement spots for train lovers Fred 10-02-2017 - 12:31
  Re: Retirement spots for train lovers sklinck1 10-02-2017 - 13:09
  Re: Retirement spots for train lovers sklinck1 10-02-2017 - 13:12
  Re: Retirement spots for train lovers Pdxrailtransit 10-02-2017 - 13:29
  Re: Retirement spots for train lovers J Mann 10-02-2017 - 16:31
  Re: Retirement spots for train lovers LAS 10-03-2017 - 12:43
  Re: Retirement spots for train lovers Norm Schultze 10-02-2017 - 13:08
  Re: Retirement spots for train lovers Sgt. Joe Friday 10-02-2017 - 14:04
  Re: Retirement spots for train lovers Pdxrailtransit 10-02-2017 - 14:47
  Re: Retirement spots for train lovers George Andrews 10-02-2017 - 16:53
  Re: Retirement spots for train lovers Joe Magruder 10-02-2017 - 17:12
  Estate Tax Commenter 10-02-2017 - 19:05
  Hey Commenter CPA 10-02-2017 - 20:09
  Attached Squat Commenter 10-02-2017 - 20:34
  Re: Attached Squat Sumotuwe 10-02-2017 - 22:22
  Re: Attached Squat Commenter 10-02-2017 - 22:24
  Re: Attached Squat Boberama 10-03-2017 - 19:10
  Re: Retirement spots for train lovers Jon 10-03-2017 - 09:28
  Re: Retirement spots for train lovers Bill Kohler 10-03-2017 - 10:07
  Re: Retirement spots for train lovers Durwood Kirby 10-03-2017 - 12:11
  At least you could chase Baldwins Pdxrailtransit 10-03-2017 - 12:30
  Re: Retirement spots for train lovers Don Sharer 10-03-2017 - 16:06
  Re: Retirement spots for train lovers - Alternate view Soo Laker 10-03-2017 - 20:26
  Re: Retirement spots for train lovers SP 0-6-0 10-03-2017 - 22:18


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