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Author Question: If your estate is $500,000 over the maximum tax free limit, one way to avoid paying estate tax on ... (Read 51 times)

rachel9

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If your estate is $500,000 over the maximum tax free limit, one way to avoid paying estate tax on the excess would be to


◦ hide $500,00 in cash and bury it in the yard, leaving a secret map.
◦ order the estate to make a $500,000 charitable contribution since the amount contributed would not be subject to estate tax.
◦ gift the $500,000 to your children after your death but before the estate is settled.
◦ None of these schemes will avoid the estate tax.


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Marked as best answer by rachel9 on Apr 14, 2019

canderson530

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rachel9

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Reply 2 on: Apr 14, 2019
YES! Correct, THANKS for helping me on my review


kilada

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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