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Hoyt

(54,770 posts)

5. Then again, with a will, some lawyer would have gotten rich shielding the estate from taxes

Sat Apr 30, 2016, 12:36 PM

Apr 2016

not to mention fighting attacks on the will's provisions by family, etc., after death. Sounds like Prince just didn't want to hassle with it, knowing his family would be taken care of even if they had to fight for a share. He certainly had attorneys he could have turned writing a will over to if he cared.

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The government will get a $150 to $250 million payday from Prince's estate [View all] Miles Archer Apr 2016 OP

I believe Sherman A1 Apr 2016 #1

+1 2naSalit Apr 2016 #2

This is Also a Ted Misleading Stallion Apr 2016 #11

It is a tax for dying... scscholar Apr 2016 #28

The use of death tax is a Right Wing meme they love to use rather than an estate tax. YOHABLO Apr 2016 #29

The term "death tax" is widely taken Igel Apr 2016 #33

If he were married the estate would still be taxed at the Yupster Apr 2016 #3

Then again, with a will, some lawyer would have gotten rich shielding the estate from taxes Hoyt Apr 2016 #5

He should have had trusts set up Yupster Apr 2016 #6

Exactly. He had no wife. He had no children. EL34x4 Apr 2016 #23

Your advice is so sound. And it does not just apply to the jwirr Apr 2016 #7

That living will and DNR was the first thing we did after the Shaivo case. leftofcool Apr 2016 #31

dog whistles and that left wing website the Daily Signal... nice.... nt. winstars Apr 2016 #4

Facts are facts pintobean Apr 2016 #8

"death tax" is a whistle hfojvt Apr 2016 #16

And there is something wrong with this? n2doc Apr 2016 #9

A "payday" basselope Apr 2016 #10

Did you read the full title of my post, or did you stop at the word "payday?" Miles Archer Apr 2016 #13

Your post doesn't have a point. basselope Apr 2016 #22

As it should be... except for the portion that will pay for wars and war machines. hunter Apr 2016 #12

That was my reaction... Miles Archer Apr 2016 #14

...Or He Could Have Made a Will With a Charitable Bequest Stallion May 2016 #35

It's a little late for regrets. hunter May 2016 #36

if I had my way the government would get even more hfojvt Apr 2016 #15

Why do you think he didn't give enough away? philosslayer Apr 2016 #25

"Government payday" is a derogatory republican term for taxes. RiverLover Apr 2016 #17

Federal Tax Exemption in 2016 will be aVery Generous $5.45 Million(10.9 Million) for Married Couples Stallion Apr 2016 #18

He refused to make a will or do any estate planning. davepc Apr 2016 #19

It's too bad he didn't make a will, but maybe he wanted it this way. Starry Messenger Apr 2016 #20

Thank you Prince for paying your fair share eShirl Apr 2016 #21

if you're going to post Heritage Foundation propaganda Enrique Apr 2016 #24

Good. Iggo Apr 2016 #26

That does not make me sad. HassleCat Apr 2016 #27

I fully support the "death tax". cheapdate Apr 2016 #30

Good.. sendero Apr 2016 #32

If I died rich, with no heirs, that would be fine with me bhikkhu Apr 2016 #34

Daily Signal? Seriously?! ButterflyBlood May 2016 #37