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J243  Form

J243 Form

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What I want to do in this video is think a little about the estate tax and as the name of the tax implies it is a tax on someone's estate or when someone passes away is a tax on what they want to leave behind to whomever they want to leave it to either in their will or in their family or whoever they want to leave their stuff to, and sometimes it's referred to as an inheritance tax, and sometimes you'll hear talk this way on the news maybe it's a little derisive it's called a death tax a death tax and the general idea let's say that right now my entire net worth I am worth three million dollars I am worth three million dollars, and then I pass away, so this three million dollars goes into my estate, so this is my estate and so this three million dollars could be all of my savings could be my stock portfolio could be the value of my land my rEval estate everything I owned my car everything combined is worth three million dollars it goes into my estate after I pass dry pass and let's say

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