Posted by: arnegrim | February 7, 2011

Death and Taxes

“Here’s some free financial advice: Don’t die in New Jersey any time soon. If you have more than $675,000 to your name and you die in the Garden State, about 54% may go to the IRS and the tax collectors in Trenton…

…This perverse confiscation also applies to some 20 other states”

http://online.wsj.com/article/SB10001424052748703960804576120050963075390.html?mod=WSJ_newsreel_opinion

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