Inter-corporate rates where there is minimum holding.

Additionally, smaller taxes mean a larger amount of money for you to leave to your beneficiaries. We'd like to read your questions, suggestions for future FAQ's and comments. If you sell the property for a gain, your tax basis is the donor's tax basis. It is important to note that December 31, 2009, is now just over three years away. In 2010, it does not matter how much you have; there will be no estate tax at all in that year. This may change not just how you reach your estate planning goals, but your goals themselves.

Inter-corporate rates where there is minimum holding. Whatever the original owner's basis was, that's your basis. In other words, if you aren't paid back, at least not fully, it's a gift. Emeritus Professor of Economics, Iowa State University, Ames, Iowa. They can be considered a gift if the payments are not legally required.