Thursday, February 2, 2023

Here’s how uber-rich pass wealth to heirs tax-free when markets are down

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A lousy stock market is often no reason for investors to cheer. But for the uber-rich, it may offer a route to lower estate taxes down the road.

Strategy used by Mark Zuckerberg, Oprah Winfrey

That’s because one type of trust gives them better odds of shifting some wealth to their children, grandchildren or other heirs tax-free when markets are down — but a subsequent rebound is expected, according to estate planners.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC


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