> Kakki, an "estate" in Wisconsin is liable to be "cute" to the > Californian in a $1 or $2 million home, but the Wisconsin "estate" is > liable to be worth more. And of course, for the $1 or $2 million > California "estate" and the Wisconsin farm, neither will be affected by > estate tax given the marital deductions and the slightest financial > planning, or for a single person, the regular exemption and slightly > more financial planning. >
Vince, I think this comment about financial planning is really key. My great uncle passed away earlier this year. He was 92. He was completely unwilling to talk with anyone about a will or anything else. He was admittedly superstitious about discussing his death. His estate was not insignificant - more than half a million dollars. In my own experience, the views he held are not uncommon among older black folks. B
