Comment

South Bay Poles

769
Aceofwhat?2/01/2010 2:50:47 pm PST

re: #768 Obdicut

And:

Given that most estates are left to family and others, is your argument about the estate tax only confined to cases where the estate is left to family members, not to friends or other individuals?

Yes and no. One of my arguments is that family is different, and I mean “wife, parents, children”. I don’t really know how to respond to #767…the point is not that a contract differs whether it’s with a family or a friend. The point is that i am comfortable making the assertion (heh) that the life events shared between parents, spouses, and children throughout our lifetime is far different and special, on balance, than what occurs between friends. Much of our social and legal structure supports that assertion.

A friend can be simulated for the purposes of disguising actual income as a gift. Family is recorded, registered, very limited, and different. Family is special, as evidenced by the society that we live in.