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So, who are you going to share your wealth with?

Topic closed. 22 replies. Last post 4 years ago by gogidolim.

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luckyshoes's avatar - butterfly neg.jpg
Pennsylvania
United States
Member #79502
September 2, 2009
6395 Posts
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Posted: May 15, 2013, 12:13 pm - IP Logged

When my brother won he asked me  for my bills. I gave them to him and he put the paid receipts on the front seat of  a BMW 301 that he gave me. Im going to return the favor.

    dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
    Oklahoma
    United States
    Member #82391
    November 12, 2009
    6290 Posts
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    Posted: May 15, 2013, 12:40 pm - IP Logged

    When my brother won he asked me  for my bills. I gave them to him and he put the paid receipts on the front seat of  a BMW 301 that he gave me. Im going to return the favor.

    You have a very nice brother luckyshoesThumbs Up

    I Love Pink & Green 1908


      United States
      Member #142489
      May 13, 2013
      45 Posts
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      Posted: May 15, 2013, 12:43 pm - IP Logged

      Should I assume that most of you who would give large amounts to parents have never even heard of estate taxes?

      Well they certainly have to worry about that when they pass away but for those who are giving so much money away immediately I think there is also a gift tax that you have to pay the IRS if you are giving a ton of money away as a gift.  THAT is going to be a problem.

       

      Here's what IRS has to say:

      "The laws on Estate and Gift Taxes are considered to be some of the most complicated in the Internal Revenue Code. For further guidance, we strongly recommend that you visit with an estate tax practitioner (Attorney or CPA) who has considerable experience in this field."

        helpmewin's avatar - dandy
        u$a
        United States
        Member #106665
        February 22, 2011
        19871 Posts
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        Posted: May 15, 2013, 2:18 pm - IP Logged

        When my brother won he asked me  for my bills. I gave them to him and he put the paid receipts on the front seat of  a BMW 301 that he gave me. Im going to return the favor.

        Nice!Dance

         i'm Building my BMW on line i can't wait until i can actually push enterYes Nod

        Let it Snow Snowman

          dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
          Oklahoma
          United States
          Member #82391
          November 12, 2009
          6290 Posts
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          Posted: May 15, 2013, 3:00 pm - IP Logged

          Nice!Dance

           i'm Building my BMW on line i can't wait until i can actually push enterYes Nod

          Same hereThumbs Up

          I Love Pink & Green 1908

            haymaker's avatar - Lottery-012.jpg
            Egg Harbor twp.south Jersey shore
            United States
            Member #112968
            June 29, 2011
            3856 Posts
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            Posted: May 15, 2013, 3:08 pm - IP Logged

            When my brother won he asked me  for my bills. I gave them to him and he put the paid receipts on the front seat of  a BMW 301 that he gave me. Im going to return the favor.

            I can't wait until all 8 of my siblings can make similar statements about me.

            Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

              luckyshoes's avatar - butterfly neg.jpg
              Pennsylvania
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              September 2, 2009
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              Posted: May 15, 2013, 3:32 pm - IP Logged

              I can't wait until all 8 of my siblings can make similar statements about me.

              Lol ...   they will !

              Surely the most important news of any day ...

                                                              is that the sun has risen one more time. Sun Smiley

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                Inland Empire
                United States
                Member #118116
                October 22, 2011
                317 Posts
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                Posted: May 15, 2013, 9:13 pm - IP Logged

                 With 10% I will set up my charity foundation. That's how you tithe to the Divine.