Sentence examples for amount of the inheritance from inspiring English sources

However, it can be complemented by the variable HF018: Amount of the inheritance, gift or lottery winnings.

Joulfaian (2006) looks at the impact of inheritances on savings, and shows that wealth increases by only a fraction of the full amount of the inheritance received.

To qualify, the amount of the inheritance must be at least $5.49 million for individuals, or $11 million for couples.

At that time, President George W. Bush and the Republican Congress sought to repeal the estate tax immediately, but settled for establishing gradual changes, which over eight years increased the amount of an inheritance that could pass free of tax to $3.5 million from $1 million, and reduced the maximum estate tax rate to 45percentt from 55percentt.

An heir to the Jones & Laughlin steel fortune, Phillips (1886-1966) devoted a substantial amount of his inheritance to creating the collection, Mr. Gates said.

This can also have the benefit of changing the amount of inheritance tax due, but only if done within two years of the date of death.

If paying the debt will reduce the amount of inheritance or estate tax due, you will need to reopen the estate to recalculate the tax.

The subsidy on education lowers the cost of education faced by individuals and thus reduces the amount of inheritance that they must receive to pay for the cost of education of their children.

The other expected changes related to the fiscal cliff include a lowering of the inheritance amount at which estate taxes kick in.

There is some empirical evidence about the negative relationship between the amount of inheritance individuals receive and their labor supply.

Let us assume that the amount of inheritance an individual receives is now taxed and the revenues are devoted to useless government consumption.