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Financial Planning / Tax Strategies


Subject:  Re: DRIPS as mini trusts? Date:  11/18/1998  10:07 PM
Author:  BillStanley Number:  6377 of 127745


<< Sure, the assets would be transferred outside of probate. >>

<< But the value of the asset at the date of death would certainly be included in the estate of the decedent. >>

The estate would pay estate taxes on the entire value of the stock. I assume only you funded the DRIP. Also assumed is that the estate is taxable.

This was truly a bad idea in an estate of which I am aware.

However, I do not clearly see good alternative.

Bill Stanley

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