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The Chip Board Archive 23

Leaving property to the Club in your will
In Response To: Re: just a question.. ()

Note that you don't get any income tax benefit if you will something to the Club. It will reduce the value of your estate if that's a consideration but you must do it while you're alive if you want a deduction in your personal income tax. Few have to worry about Estate Tax these days; there's a $5 million exclusion for Estate and Gift Tax calculation this year.

Messages In This Thread

just a question..
Re: just a question..
Leaving property to the Club in your will
John, not trying to cause issues here, but...
Re: John, not trying to cause issues here, but...
The same exact thing happened in Miami; the wife ~
Re: just a question..

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