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by RhysU
1028 days ago
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> If I won the lottery, and I just sent, say, a $500M check to a regular discount broker and bought an index fund, is someone going to take it away from me? Not from you, but the IRS will take 40% of everything when you die.* Only 60%, at best, goes to your heirs depending on state law. Unless you proactively plan. * Yes, yes the $13M federal exemption but that's a rounding error at the $500M+returns scale. |
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Cry me a river.