Death Tax: Is it fair to tax people at death?
Death Tax: Is it fair to tax people at death? On Tuesday’s Word On Wealth radio show, www.KPRZ.com, I answered the following questions: Why do I need a Will or a Trust? A man ready to retire owns a modest home but has no estate plan – no trust – no Will – nothing. He figures it is not a big deal because he will just let his children have the house. Assuming he dies first, his children would most likely end up with the house as joint owners. They would be partners in owning the house whether or not the chose to be. The children would take title to the house after it...
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