A conversation between Rush & an Estate Planner

by AFBI - No Comments
Posted on November 2nd, 2011 5:23 pm

A caller on the Rush Limbaugh radio program asked recently about estate taxes. Rush's take? Read below:

“Every year estate planners want to talk to me about estate planning and it seems that they think that the primary objective of any estate planning is going to be to keep money away from the government. So they want to structure trusts, charitable donations, foundations, any number of things, and I always say to 'em, "Yeah, but the problem with doing that is I am getting rid of all my money before I die." "Yeah, but at least the government ain't gonna get it." "Well, I don't care, frankly. I want access to as much of it as I can before I die."

I don't want to have to shelter it all now while I'm still alive so I can't get it just to keep the government from getting it sometime. I go round and round with 'em on it.”

Here’s the full transcript:http://www.rushlimbaugh.com/daily/2011/10/25/steve_jobs_and_the_death_tax

What would you tell an estate tax planner?

Tags: death tax, estate planning, estate tax, rush