Home Site Map

Go Back   Kitco Forums > The Markets > Silver discussion group
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 04-15-2011, 10:50 AM
govikesgo govikesgo is offline
Join Date: Dec 2010
Posts: 1,276
Default Just thinking out loud

With today traditionally being tax day I was wondering this. Since I believe the Estate tax is exempt for the first $5 million in an estate, Would it make sense or is it possible should God forbid a parent die, that your PM holdings be put in a safe deposit box, safe, etc. and claimed that this was part of their estate? If you had a safe deposit box in a parent's name which you held the key, if they died and say there was a couple hundred grand of silver and gold in it, would it not become part of their estate that would be exempt when you "inherit" it?
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT -4. The time now is 05:24 AM.

Copyright@ 2007 Kitco Inc.