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


To: TigerPaw who wrote (8028)12/26/2005 6:29:04 PM
From: Lane3  Read Replies (1) | Respond to of 542967
 
A 50K estate will likely be consumed by the inheritor (unless it is a drop in the bucket to their own asset base).

I don't see why you would assume that. Unless people are in debt or immature, I think it would likely be invested. In any event, monies are fungible. How would you determine if the inheritor was spending the assets or spending his earnings? Would he have to put his money in a special account like an IRA to differentiate it?