Legal Question in Wills and Trusts in California
If there is a stepped up basis when you pass for your real property, what would be the point of putting a house into a qprt?
Asked on 9/09/10, 10:00 pm
1 Answer from Attorneys
Kai Wessels
Kai H. Wessels
The main point would be saving estate taxes at rate of 45% vs. capital gains at much lower rate.
Answered on 9/15/10, 11:34 am