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Author: oreck One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121177  
Subject: Ignore my other post and answer this one please Date: 2/23/2001 9:52 PM
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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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