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#284 | Elizabeth Schlesinger; Estate Planning, Rights of Children, Wealth Transfer

The Vance Crowe Podcast

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How to Minimize Estate Taxes at Death

One strategy for minimizing estate taxes at death is to begin to transfer the assets across your lifetime. The other thing that you could do is a considered a more aggressive approach is gift a fractional share of an interest. If I give away a fourth of my four million dollar vacation house and I get an appraisal that applies a 20% minority discount  I've only given away eight hundred thousand dollars and used eight hundred000 dollars of my own gift tax exemption fascinating.

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