Rhode Island is a great place to visit but a rotten place to die. The top inheritance tax rate is 16% on estates more than $921,655. Compare that to “The Live Free or Die State” of New Hampshire which has no estate tax. It’s an island among the tax happy states of the northeast. “Have your cake and eat it too” in NH or “Live Free then Die Free”, could work for you if you live in NH. I like this illustration in Forbes:
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.
Please get in touch with E.J. at ejsmith@youngresearch.com
Click here to sign up for my free monthly Survive & Thrive letter.
Please get in touch with E.J. at ejsmith@youngresearch.com
Click here to sign up for my free monthly Survive & Thrive letter.
Latest posts by E.J. Smith (see all)
- Happy Easter: Enjoy the Sweet, Parisian, Macaron - March 29, 2024
- Happy Easter: A Family Hunt for Dow 80,000 - March 28, 2024
- Key West Insider’s Guide: UVA Wine Shoppe - March 28, 2024