Thread: Ask the Tax guy
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Old 05-30-2005, 04:14 PM   #209 (permalink)
strife
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Location: Chi-Town
First and foremost, thank you very much for offering your services (Gar & Nemo)! Here goes:

My question is about Capital Gains tax and inheritances/distributions from a trust, and I guess how to get around it (legally.)
Basically is there a way to get out of paying capital gains tax on recieving inheritances? If not what would be the best way to pay for it and how much should I need to save? I saw somewhere that capital gains tax was 36%. Not really sure what I should do right now, any and all help would be very much appreciated. Thanks in advance!
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strife

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