Legal Question in Business Law in Florida

transfer of asset

I own a building where my daughter rents space and runs a restaurant. I'd like to retire and transfer the building to her without triggering a taxable event. Is there some sort of trust arrangement we can utlilize?


Asked on 7/16/08, 5:38 pm

2 Answers from Attorneys

David Slater David P. Slater, Esq.

Re: transfer of asset

yes

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Answered on 7/16/08, 5:51 pm
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Re: transfer of asset

See a tax lawyer. You would be crazy to rely on anything from an internet site. This is for more general questions. You have a very specific question whose answer depends on a lot of different variables.

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Answered on 7/16/08, 9:07 pm


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