Plotting the Demise of the Death Tax
No one puts out a welcome mat for the Grim Reaper, but those who’ve built up successful businesses have even more reason to dread his approach. Why? Because they know the death tax will soon exact a hefty toll on their hard work. Technically known as the estate tax, the death tax is the penalty that families must pay when a loved one dies and leaves them significant assets. It was created a century ago to help fund World War I. Naturally, it outlasted that conflict.