[Moneyguy1]

How to minimize the "tax bite" for inheritence: Have investments marked (such as mutual funds) "Transfer on Death" and name a specific beneficiary or beneficiaries. Eliminates at least that part from probate and immediate tax. Another idea: Have your parents sell you their house. To protect them, they hold the mortgage, and they pay you rent. You can't evict them since they can call the note, and you get the tax advantages associated with rental property. So, the rent they pay can be less than the mortgage you pay, since you have all the other deductions for tax purchases. This increases their spendable income, and assures the title to you in the event of their demise.

I have elected to stay out of the political "discussions" from now on due to the fact that most here are convinced their "opinions" are correct, and ideologies take precident over reason, and factual data is quoted from the likes of FOX, CNN, Post, NYT and the like as gospel, parsing only those sound bites that suit the poster's current rant. Fight on, lads, you ain't gonna change anyone's thinking since facts are not and apparently cannot be found. Too many experts and not enough independent thinkers.

Other subjects that look like fun, I will continue to chime in.

Cheers, all!!