Shownotes
Currently, inheriting real estate allows a step up in basis due to death.
Is it wise to keep the rental properties, generate retirement income by this alternative asset class and worry about capital gains later?
What if the step up in basis is abolished under new tax law?
Is establishing a QPRT (qualified personal residence trust) a good idea?
After inheriting property, should the beneficiary change their current estate plan or make one and consider their own Irrevocable Trust?
When is an Irrevocable Living Trust best utilized?
We cordially invite you to start your journey to tax-free wealth.
Karen Scott Mims, ESQ.
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