Comments on: A way to reduce will contests? https://www.overlawyered.com/2014/03/ways-reduce-will-contests/ Chronicling the high cost of our legal system Mon, 17 Mar 2014 13:04:58 +0000 hourly 1 By: Jack Olson https://www.overlawyered.com/2014/03/ways-reduce-will-contests/comment-page-1/#comment-273031 Mon, 17 Mar 2014 13:04:58 +0000 http://overlawyered.com/?p=44156#comment-273031 Rusty Bill, France has a wealth tax on assets like stocks and bonds while the United States’s wealth tax consists only of property tax on real estate or estate taxes. It’s hard to conceal a piece of real estate from the tax assessor although you can dispute the assessed valuation. So, if anybody would want to conceal taxable assets such as financial securities, it ought to be Frenchmen instead of Americans.

]]> By: Rusty Bill https://www.overlawyered.com/2014/03/ways-reduce-will-contests/comment-page-1/#comment-272813 Sun, 16 Mar 2014 13:34:39 +0000 http://overlawyered.com/?p=44156#comment-272813 “Or are there other reasons the procedure might be unpopular…”

Or maybe those with sufficient assets

a) to require a will, particularly a complex one, and
b) can afford the time and expense to pre-probate

don’t want the government to know exactly what they have, lest they be taxed into the poorhouse.

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