Comment on Belgian car salesman becomes prince after DNA test proves royal parentageparentComments−bombcar20dSo if his father gives him the trains before death, it's fine, but at or after is not? Fun times ahead!Also the value of model trains and the selling price are highly different numbers.−IAmBroom18dThis is already law. If you gift someone your $100M mansion, they pay income taxes instead of inheritance taxes. And income taxes are higher (in that bracket).That won't change.
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So if his father gives him the trains before death, it's fine, but at or after is not? Fun times ahead!
Also the value of model trains and the selling price are highly different numbers.
This is already law. If you gift someone your $100M mansion, they pay income taxes instead of inheritance taxes. And income taxes are higher (in that bracket).
That won't change.