Farms, More Productive Than Ever, Are Poisoning Drinking Water in Rural America

Re:Farms, More Productive Than Ever, Are Poisoning Drinking ... by GlenTheMachine on Friday January 18, 2019 @04:36PM (#18943344)

I'm in this situation -- when my mom passes, me and my brothers will inherit the family farm of 320 acres in central VA. As far as I can tell there's no inheritance tax involved.

Just in case, decades ago my dad put the land in a family partnership of which me and my siblings each own 19%. So even if inheritance tax was a thing for family farms, there are ways around it.

We'll have to pay property tax on it, but that's around $3000 per year.

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Re:Farms, More Productive Than Ever, Are Poisoning Drinking ... by Wowfunhappy on Friday January 18, 2019 @08:53PM (#18944775)

> Just in case, decades ago my dad put the land in a family partnership of which me and my siblings each own 19%.

Is it that easy to bypass the estate tax? I'm surprised it collects basically any money at all, if all you have to do is make your children "co-owners" before you die.

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