Handling Property in Your Estate Plan

Today Paul answers a listener question who asks: My father is 81 years old and wants me to inherit some property he owns. How do we create an estate plan where we avoid unnecessary taxes? Listen along to hear Paul talk about the difference between a quitclaim vs. trusts, taking advantage of step up in basis, and how to navigate the taxes around property and property sales. If you have a question and want to ask the Investor Coach, you can go to our website and submit it at www.paulwinkler.com/question.