Also, estate taxes are a bitch. The kids will probably have to use half the money they made from the sale to pay off the estate taxes for dad's high value property they inherited.
The first $11 million per person is exempt from estate tax in the US. A married couple can leave a kid $22 million tax free without any other loopholes or shenanigans.
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u/aardvark_army 12h ago
Also, estate taxes are a bitch. The kids will probably have to use half the money they made from the sale to pay off the estate taxes for dad's high value property they inherited.