Key Tips for Wealthy Parents on Gifting Real Estate to Children

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Source: CNBC
Key Tips for Wealthy Parents on Gifting Real Estate to Children
Photo: CNBC
TL;DR Summary

The article discusses how wealthy parents can effectively pass down real estate to their children by using legal tools like trusts and LLCs to minimize taxes, protect assets, and prevent family conflicts, while also planning for future changes in heirs' preferences and circumstances.

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