Estate planning with a personal residence.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on October 1, 1993. The length of the article is 2486 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Annual exclusion gifts of liquid assets are often used to reduce estate taxes but many people are wary of handing over income-generating assets. Another option is the use of non-liquid assets such as personal residences which do not produce income. If partial interest in a property is to be donated as an outright gift, it is important that a waiver of partition is executed before the transfer. Personal residence trusts, in combination with grantor retained trusts, are the most effective way to maintain control over a donated property. Leaseback options and joint purchases are also discussed.

Citation Details
Title: Estate planning with a personal residence.
Author: Richard J. Mikuta
Publication:The Tax Adviser (Magazine/Journal)
Date: October 1, 1993
Publisher: American Institute of CPA's
Volume: 24 Issue: n10 Page: 638(5)

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