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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (3565)	2/1/2010 4:03:15 AM
From: Drygulch Dan	Respond to of 34328

One final step in this discussion, may help clarify a few thoughts. At the end of life, that final 706 has to be filed, irrespective of all designs or plans. The executor or administrator will add up all those stocks market value on the date of death along with all other assets and then if necessary cut that big check to the IRS freeing the residual to the heirs or beneficiaries as the case may be. So in the plan it makes sense having some money set aside to handle that payment assuming you meet the current threshold. In my experience it is something like one third of everything. Of course it depends on the year in which you die. 2010 is the odd ball. Its a great time to die I guess but in all previous years and all subsequent years the death tax will be a factor. So plan on that or plan your work around and remember you can't take it with you.