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Biden estate tax
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thekcirp
Posted 1/17/2021 14:13 (#8758733 - in reply to #8758679)
Subject: I dont think an irrevocable trust...................


NEMO

will protect you from stepped up basis. Only the estate tax, which is something totally different. They will come for you with capital gains tax
on the gain of real estate. Hope I'm wrong. I should know more by 10 am Monday, as I meet with estate attorney at 8 am.



Edited by thekcirp 1/17/2021 14:16
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