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| Subject: Ignore my other post and answer this one please | Date: 2/23/2001 9:52 PM | |
| Author: oreck | Number: 47073 of 118626 | |
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I asked the question wrong so here is the way I should have asked it first: If my dad has a fund that is in a living-trust and I am the beneficiary of it. . . then if something were to happen to him then what would the inheritance tax rate be? Would the inheritance be a capital gain? And should I tell him to keep all his tax records for the dividends he has been paying capital gains on? so that the principle taxed is not a double tax? |
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