1min chapter

The Fort - An Entrepreneurship Podcast cover image

#264 - Nick Huber & Mitchell Baldridge - How Twitter Changed Our Lives, Real Estate Market Updates, and the Glorious Cost Segregations

The Fort - An Entrepreneurship Podcast

CHAPTER

What Happens When You Die?

There's a tax on the income that your estate generates through interest dividends and unearned portfolio income. You just pay that every year the same way you paid it when you were alive. 99.9% of people pay no estate tax because the kind of exclusion out there is $13 million today. Most people don't have $13 million when they die or for a married couple, it's $26 million.

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