Quote:
Originally Posted by tooge
It's about half that.
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Doesn't sound like she is at risk for paying federal estate taxes, but possibly state estate taxes. What state does she live in?
If that state has an estate tax, then you should look at what other assets she has. Does she own a house? 401(k)? I mean, total up everything. you don't have to tell us, but if it comes out to a big enough number where inheritance taxes will start eating into it, then gifting assets prior to death becomes a very viable/logical/preferred strategy.