The Shawshank Redemption – Break Free With FI | Episode 55
This is a special episode for us, in part because we both love this movie. But … it’s also a bit of a send-off for us. We’re taking an indefinite hiatus – more on that in the episode. We’ve loved making this podcast and hope to be back soon, but need a little time off. In this episode, we discuss estate tax issues, whether Andy Dufresne was awful at tax law or maybe a secret genius, and talk about what it feels like to break free of the obligation to work. You don’t want to miss this one!
IMPORTANT NOTE: We discuss in the episode that inheritances are tax-free to the beneficiary. Caveat we forgot to include: we were talking about federal law. Some states do impose an inheritance tax. If you inherit money, talk to a pro to make sure you pay any appropriate taxes.
If you’ll miss this podcast, please let us know! Reach out at penniesandpopcorn@gmail.com