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To: blam
They'll have to start turning the properties over to their children a little bit every year (over a number of years). If they keep the value of the inheritance given to the children low each year, by the time the owners die, the property will be almost already owned by the kids. Most of it will already be theirs.
9 posted on 11/21/2012 9:51:31 AM PST by concerned about politics ("Get thee behind me, Liberal")
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To: concerned about politics

One freeper said making the family farm into a corporation and putting farm assets in trust for your children is a way around this onerous estate tax


13 posted on 11/21/2012 10:00:49 AM PST by dennisw ( The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: concerned about politics

My thought for our sons is to have a lease/purchase deal. You could gift them back the non-taxable amount that you can give each year.

Is there anything against the law with selling it to them cheap, under the going price?


25 posted on 11/21/2012 10:50:15 AM PST by tiki
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