Overview of Stepparents' Rights | LoveToKnow
Overview of Stepparents' Rights | LoveToKnow
Nov 13, 2014
lovetoknow.com
🏠💡 If your parents plan to leave you their house, don’t let them put it in your name while they’re alive — you’ll miss out on the step-up in basis and could owe huge capital gains taxes later 😬 Instead, keep it in their name (or a trust) so when you inherit, the tax bill can be way smaller. 🚨 Always consult a professional to see what’s best for your unique situation! #EstatePlanning #TaxTips #GenerationalWealth | Addison Jarman
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