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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: James B. Ditsworth who wrote (87399)8/29/1999 11:55:00 PM
From: Boplicity  Respond to of 186894
 
Go here moneycentral.msn.com to find some ans. to your questions.

G



To: James B. Ditsworth who wrote (87399)8/30/1999 12:45:00 AM
From: carl a. mehr  Read Replies (2) | Respond to of 186894
 
**OT**

James and all INTC regulars,

My wife and I are also sitting on a lot of long term capital gains in Intel, and it is my opinion that the best way to escape paying capital gains is simply never to sell.

Anything wrong with that plan? We can borrow against our portfolio, so we never need to sell.

humble carl



To: James B. Ditsworth who wrote (87399)8/30/1999 1:33:00 PM
From: greg s  Read Replies (1) | Respond to of 186894
 
James, OT - OT re:stock & estate planning

First, I am NOT an estate lawyer, but I would recommend contacting an attorney who specializes in estate planning and is especially knowledgeable of your state's tax laws. Check into a "simple A/B trust" where all your assets (including brokerage accounts) are set up in the trust's name. In this scenario, you and you wife are both trustors and trustees of the trust. Again, I am not a lawyer, but such a plan has worked for me.

Best regards,
Greg.