Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kollmhn who wrote (150452)	5/2/2011 3:42:30 PM
From: Bearcatbob	Read Replies (1) of 206325

The whole issue of IRA conversion is a major focus of estate planning. A large traditional IRA left as an inheritance can be a real challenge for your kids in two ways. The first is it can put you over the threshold limit - not usually a problem if the exclusion stays at $5 million (don't bet on it). And then there is the state estate tax - in Ohio it is brutal - so many elders relocate to Florida. The next problem is that it is ordinary income to your inheritors - but they can stretch it out. Ah - but there are ways to beat it - eg life insurance. The whole game is a pain in the butt. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next