For those of your looking for a silver lining, here's some more good news coming with the recent economic problems:
The economy is a mess, home prices are reeling, and stocks have plunged. But for those likely to become ensnared in the estate tax, there's a silver lining: These troubled times offer some of the best opportunities in years to transfer wealth to younger generations, without triggering much or any inheritance tax along the way.
Of course, the reason this is an option now is because so many people have lost so much. But give me a break, will ya, I'm trying to be positive here! ;-)
I think it's always best to find the silver lining in situations like we have today. I like to call them "blessing's in disguise."
Posted by: Pat with SPI | October 20, 2008 at 11:52 AM
More Great News...those laid off this year will pay less in income tax!!
Posted by: Strick | October 20, 2008 at 12:07 PM
"Home prices are reeling" sounds like good news for those unable to buy a home.
Posted by: | October 20, 2008 at 10:10 PM