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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Archives

Tag Archives for: "capital gains taxes"
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 Will Gain on Sale of Home in Revocable Trust be Short-Term or Long-Term?
0
By Harry Margolis
In Real Estate, Revocable Trusts
Posted March 9, 2021

Will Gain on Sale of Home in Revocable Trust be Short-Term or Long-Term?

Question: Last October, I set up a revocable trust and transferred a vacation home located in Massachusetts into it. However, I recently received an unsolicited offer to purchase the property [...]

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 How Can I Transfer Fractional Shares of My Real Estate to My Children
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By Harry Margolis
In Estate and Gift Taxes
Posted July 20, 2018

How Can I Transfer Fractional Shares of My Real Estate to My Children

Question: If I make a gift of $15,000 shares of property I own to each of my children, do I also have to put them on the property title as co-owners of the property? It’s my understanding [...]

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 What is a QPRT and Why Would I Want One?
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By Harry Margolis
In Estate and Gift Taxes
Posted May 11, 2018

What is a QPRT and Why Would I Want One?

Question: I’ve heard a QPRT as a good way to protect my home and pass it on to my children tax-free. What is it and should I have one? Response: QPRT stands for qualified personal residence [...]

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  • Irrevocable Trusts (77)
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  • Revocable Trusts (150)
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Wondering if a trust makes sense for you?

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Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book
(An Amazon Prime Reading selection)

Read Sample Chapters