• Rodeo
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    9 months ago

    DO NOT LEAVE IT TO INHERITANCE

    Inheritances are taxed, often heavily, and can be disputed. Give it all as gifts immediately before your death instead.

    Gifts generally have much less tax associated, less paperwork and thus less legal fees. You’ll probably have to give relatively small amounts each year to avoid the taxes. Plus, you can stick around for a while and watch your daughter enjoy it.