Buffet and the Estate Tax

Reader comment on: Read It Here First

Submitted by Lyle (United States), Apr 26, 2010 21:04

He essentially said here that if one has more than 3.5 million one can afford a good lawyer who can structure things as needed. For businesses above that level he said that the owner can arrange things to minimize the impact. Also noted that there are long term payment options as well in many cases for the estate tax. Essentially he pointed out that a good lawyer can do a job on the estate tax, then congress changes the law, then the lawyer goes to work....

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