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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.004300.0%Dec 18 4:00 PM EST

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To: Mr. Forthright who wrote (1652)6/17/1998 9:06:00 AM
From: Turboe  Read Replies (1) of 11684
 
Ever thought that maybe there is a reason for doing it that way? Ever heard of estate taxes? I think it is pretty brilliant to take assets and get them to your grandkids on a very low BASIS. Put the shares in a trust at $.15 when they are really worth $2-3....

Do you understand inheritance taxes and trusts and basis?
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