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W. Wells
Guest
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 Posted:
Fri Nov 11, 2005 5:01 pm Post subject:
Advantage to Splitting estate Between wife & husband? |
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Is there an advantage to splitting ownership in an estate between husband
and wife while both are still living? I know you can split $2 million and
save on estate taxes if both die at the same time, but is there an advantage
if one dies and the other gets the whole estate anyway?
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BMS
Guest
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| Posted:
Sat Nov 12, 2005 12:52 am Post subject:
Re: Advantage to Splitting estate Between wife & husband |
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You can save on estate taxes for the same reasons that the couple dying
together gain. Expect that the final estate tax exemption will come in at
1.5 million, congress has to do something prior to 2010. splitting the
estate will keep you out the federal tax and given what state you live in
save there as well. |
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FranksPlace2
Guest
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| Posted:
Mon Nov 14, 2005 5:01 pm Post subject:
Re: Advantage to Splitting estate Between wife & husband? |
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If you live in a community property state, such as Louisiana, the split
is automatically done for you.
Frank
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spikelee
Joined: 06 Aug 2005
Posts: 18
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| Posted:
Fri Apr 14, 2006 11:49 pm Post subject:
Re: Advantage to Splitting estate Between wife & husband |
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| FranksPlace2 wrote: | If you live in a community property state, such as Louisiana, the split
is automatically done for you.
Frank |
it it like this in all other states? probably not eh? |
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ish1301
Joined: 29 Jul 2006
Posts: 3
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Sat Jul 29, 2006 3:48 pm Post subject:
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| If they couple has no - nominees (i mean they don't have any child or relative). then where does the estate goes ..? |
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