Itís Your Money > Real Estate Information

Transfer of Property

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suzukig1:

--- Quote from: fred on July 03, 2018, 09:57:23 AM ---We took out life insurance to help cover our Kids estate tax obligations a few years ago..
I was told that since the TRAIN law these obligations have been vastly reduced..
We are also thinking of donating some of our properties to our kids but I need to find a good accountant/tax specialist for advice and facts before we go that route.

--- End quote ---

Estate taxes dropped from 20% to 6%.  Also, the amounts exempted went up.

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