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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (8014)12/26/2005 4:54:33 PM
From: TigerPaw  Read Replies (1) | Respond to of 542951
 
Whether the estate is 50K or 50 million, the assets will continue to grow.

A 50K estate will likely be consumed by the inheritor (unless it is a drop in the bucket to their own asset base). A 50 million estate will never have the principal touched, only a fraction of the interest would generally be spent.

TP