AVOID ESTATE TAXES


From: BOB FORD <BOB_FORD@compuserve.com>
Subject: AVOID ESTATE TAXES
Date: Sat, 18 Dec 1999 12:08:43 -0500

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I recently read an article on avoiding
estate taxes.  It suggested creating a
note (IOU)  to your children as a way
to avoid estate taxes.  For example
if your estate was $1,000,000 it said
that you could create a note to your
children that was payable on your
death.  If you had two children the
note could be for $500,000. It is claimed
that would make the value of your
estate Zero.

Anyone know if this will work?

BOB FORD
BOB_FORD@COMPUSREVE.COM

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