Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Friday, October 17, 2014
Paying Death Tax With Art
A beach scene by Winston Churchill
Winston Churchill's daughter Mary Soames died last June at age 91. To help pay her death duty, the estate has offered 38 paintings by her father.
Should our estate tax include a similar AIL (Acceptance in Lieu) scheme?
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