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News Link • TAXES: Federal

You ain’t rich enough for the “death Tax”, Mabel

• The PPJ Gazette
Unless that farmer has a net worth…all his income plus real property value, minus all his debt that results in a net worth of 3.45 million or more, there is not a rat’s chance in hell they will be subject to any “death tax”. Simple estate planning can avoid all of this. And what farmer, after having navigated the market manipulations of USDA, FDA, Farm Bureau and a host of other government agencies intent on depriving him of his life’s work, doesn’t make plans for the untimely event of his passing, making sure his heirs receive the results of that work? Still, its nice to see someone finally concerned about our farmers.

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