Quote:
Originally Posted by Billy Bob
Also that 1.5 mil is per person , 3 m husband and wife , If you have that much left you didn't do it right .
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I wouldn't use the "joint" exemption for any tax planning. Unless you die at exactly the same moment, you each have only $1.5 mil. Even if you were both in an auto accident and you die 5 minutes before your wife, you get a $1.5mil exemption but everything then goes to her estate, then she only gets $1.5 mil before going to her heirs.
I definitely agree with your comment to die in debt......lol.