Those who oppose any federal estate tax due from the perspective that it creates a burden, and often prevents the next generation from inheriting family farms and businesses. Remember, the liquid and non-liquid assets are included in the assessment. So, if the family warm is worth a lot on paper, the tax is owed within 9 months of the decedent's date of death.
I have no idea what will come out of DC. I do know we'll see more and more proposals. Only time will tell where the tax will fall. Keep reading and watching, especially if you own a farm or business.
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