If you're in that position that you know you're going to spend the money anyway, you're far better off to pay it now and relieve yourself of the risk of dying in that interim period and paying a significant tax rate on that. -Bill Abrams

 

If you're in that position that you know you're going to spend the money anyway, you're far better off to pay it now and relieve yourself of the risk of dying in that interim period and paying a significant tax rate on that.


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This quote is just one of 3 total Bill Abrams quotes in our collection. Bill Abrams is known for saying 'If you're in that position that you know you're going to spend the money anyway, you're far better off to pay it now and relieve yourself of the risk of dying in that interim period and paying a significant tax rate on that.' as well as some of the following quotes.

If you're in that position that you know you're going to spend the money anyway, you're far better off to pay it now and relieve yourself of the risk of dying in that interim period and paying a significant tax rate on that.

Bill Abrams

To the extent that it pushes all your other assets over those thresholds, now you're paying a 50 percent tax.

Bill Abrams