Gift Holdover Relief and the Long Term Consequences for the Next Generation
Gift holdover relief is often discussed as a solution for today. A way to move assets without triggering an immediate Capital Gains Tax bill. A method of keeping property, businesses, or investments within the family. What is discussed far less is what happens next. The real impact of gift holdover relief is not felt by the person making the gift. It is felt by the person who receives it....
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