re: #608 Aceofwhat?

If I changed the name on my bank account from my own to that of my very good friend, I’d have to pay an enormous amount of money in taxation, as it would be a gift. If you changed the name on the bank account while everyone was alive you’d have to pay an enormous amount of money in taxation. Do you feel that transfers of money among living family members should also be tax-free?

And when the state has to manage the redistribution of an individual’s holdings, they take their chunk to cover operational costs…and then some. That’s not the subject under discussion.

Really? So if someone files a will correctly, and that will is safeguarded, read, and goes through probate, the probate court actually charges the estate? I’m not talking about when there is no will.