Rob Boudrie
NES Member
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- Apr 24, 2005
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You need to make sure your high cap mags are in your will as bequest is the only non-dealer, non-exempt-person transfer allowed under MA law.
If your documented assets exceed $2M (and you are in MA) and you don't have a spouse (who is not subject to estate taxes), consider gifting your spawn enough $$ to bring your estate under the $2M threshold that triggers estate taxes.
If your documented assets exceed $2M (and you are in MA) and you don't have a spouse (who is not subject to estate taxes), consider gifting your spawn enough $$ to bring your estate under the $2M threshold that triggers estate taxes.