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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