Has Your Investment or Real-Estate Portfolio Decreased in Value? It May be Time for an Estate “Re-Freeze”
Over the past few months, we have all experienced a significant decline in our investment portfolios and real estate assets. Although these are tough times for all investors, the silver lining is that with proper planning, the lower market value can reduce the eventual tax upon death and maximize the tax deferred to the next generation by carrying out an estate freeze or re-freeze. This article will discuss estate freezes and re-freezes, as well as how they can be used to achieve significant tax savings.
$140 Million Reasons to Retain Valuations Experts
Our valuation and tax teams were recently approached to assist a client with a potential estate freeze or a sale of the company. The business had been in operation for dozens of years and had grown to over 400 employees with $95 million in annual revenue.
Cooling Real Estate Market: A Tax Relief Opportunity for Estates
With the cooling real estate market, an executor of an estate may be left with a property that has decreased in value during the ownership of the estate. During these uncertain times, a question arises – can an estate take advantage of the decrease in market price to reduce taxes on the disposition of a principal residence?