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To: The Duke of URLĀ© who wrote (141551)8/14/2001 2:46:10 PM
From: Jim McMannis  Respond to of 186894
 
RE:"You have to look but you might end up saving a 20% tax on the stepped up basis and paying a 70% estate tax. Not good.
Also, the assets of a Char Rem Trust if not in the "estate" do not get the "stepped up basis"."

I thought they were phasing out the estate tax over the next 10 years? I guess the key is: live at least 10 more years.

Jim