Re: Anybody with money now or planning to die soon... (Politics Debate Forum) 2/28/2008 1122242

Re: Anybody with money now or planning to die soon...

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Re: Anybody with money now or planning to die soon...

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You can avoid taxes on your house by transfering it into a trust. Your child will pay property taxes based on the assessed value of the house before your death not its current value and they wont pay capital gains on the appreciation that occurred during your lifetime if they sell the house.