Inheritance: Generation growth of the USA with Treasury investment accounts
The old " Well, how much is that going to cost" would be a history as time
goes on in the USA. The lifetime investment trust accounts would be a very good
way to lift people out of poverty too. The principal balance would pass on to
the children or willed to any one the citizen whishes in a will. A charity group
so on... This transfer would be TAX FREE. when a person dies, the account
pineapple, and any interest left in the account would be inherited tax free to
the children equally. The account can also be donated to a charity if a person
was already wealthy and did not use the account through his life time, and
contributed to it over his life time. The account is a win for the rich, and the
poor too. Of course great details will be worked out. Death of a child before
18, each parent will inherit the Childs account equally. 50/50. Weather divorced
or not. Entire family dies, the account is passed to know relatives. The account
will have at least 3 beneficiaries in order. Organizations will want to learn
why the child died prematurely, and try to improve for future people with same
or similar illnesses. Fine new cures to ailments, and medicines so on...
Research and development will grow very fast when the individuals are free from
the
burdens of every day living expenses.
First of all this is a freedom of comment page. By: Jason Berg 4/2/10 Contact me
Fund Expenditures
Federal Government roll - in
education
Inheritance: Generation growth of the USA with
Treasury Investment Accounts
Retirement
Federal Government Roll- Citizens
Trust Accounts