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Biden estate tax
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footballjunkie
Posted 1/17/2021 14:21 (#8758748 - in reply to #8758733)
Subject: RE: I dont think an irrevocable trust...................


My understanding is that they can only get you when you break the trust or sell assets ( I am the trustee). The basis also was stepped up when we transfererred everything into trust in March of 2016. Due to the development nature of our land, its value hasn’t increased much since then.
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