Stories Related to Americans Are Dodging Capital Gains Taxes By Gifting Their Booming Assets To Their Parents. But Is This Legal?

Americans are dodging capital gains taxes by gifting their booming assets to their parents. But is this legal?

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  • Rich Americans are dodging capital gains taxes by gifting their booming assets to their parents and inheriting them back before cashing out. But is this trick even legal?
    If you sell capital assets, you have to pay capital gains ... thousands in taxes, but there are a few huge risks and downsides to be aware of. How can gifting assets to your parents allow you ...
    11/5/2024 - 11:36 pm | View Link
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