Property Gifting Strategies to Avoid High Taxes: Expert Advice on Transferring Real Estate to Children
Los Angeles, California – A couple in Los Angeles, California, is seeking advice on how best to transfer their properties to their children without incurring substantial taxes. The couple, who have acquired multiple properties over the years, are hesitant to wait until their passing to gift the properties, as they find the idea unappealing. One option presented to the couple is transferring the properties to their children during their lifetime. However, it is important to …