One effective strategy to avoid capital gains taxes is to hold property within an estate until the owner’s passing. Upon death, the property receives a stepped-up cost basis, resetting its value to the market value on the date of death. This allows heirs to sell the property with little to no capital gains tax liability, a common oversight in estate planning.
This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues.
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