nwobcw
Advisor
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01-27-2011
06:05 AM
Value of estates for Ohio taxes
Here in Ohio we have an estate tax that kicks in at 338K. The local newspaper had an article stating this only affected 7.2% of all estates last year. Not argueing pro or con on the tax I was amazed by such a small number of estates valued at 338K and above. But then again, I have read where there are now more people over 65 with a home mortgage than those who's home is paid for.
1 Reply
k-289
Senior Advisor
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01-27-2011
08:01 AM
Re: Value of estates for Ohio taxes
Not that long ago "reverse mortgages" was clever buzz word---might have been more prominent than one thinks ?