Summary
The letter written by Anne Stancil of Grovetown ("Here's the whole truth on the death tax," Jan. 8) - in response to Harold Szerlip's letter ("Many are misinformed on estate tax," Dec. 15) hit the nail right on the head!
For those who have not had the experience of dealing with the Internal Revenue Service upon inheriting from an estate, they have no idea just how much of the inheritance goes to Uncle Sam. For anything exceeding $1 million, it can be a 52 percent gain for the IRS.See the full content of this document
Extract
Death Tax Drains Descendants Dry
How many people are aware of just what happens to...
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