Not clear what your question is. And yes, there are people whose vast majority of their wealth is in securities.
And no you apparently do not understand the Estate TAx System.
Of course there are people whose majority of wealth come from stocks.
Just as there are people for whom it does not.
Why do you keep repeating yourself about my understanding?
I knew about the capital gains, was there something else?
You weren't clear on what I was asking, but your answered it in the next sentence, so apparantly you did understand. In addition, it was a retorical question.
Are you an estate tax attorney? Or have you been the benfeficiary of an extate worth over 10 million, or have one worth more than that? Just wondering, as I was the co-executor of such an estate, and pretty much remember it all, as it got pretty complicated.
I know if you're worth over 10 million, and you've got the majority in stocks, unless you're an expert like Warren Buffet, you're not the best manager of your assests.
BTW, I'm more on the liberal side, and I oppose an estate tax.