In this issue:
- Assets Transferred Before or After Death?
- Why Are Tax Refunds Shrinking?
- What To Do Before Forming an LLC
- Social Security Benefits and Location, Location, Location
Assets Transferred Before or After Death? Are you thinking of transferring ownership of assets to your children or others while you’re still alive? Don’t create a potential tax trap for the recipients of your generosity by ignoring the advantage of the “Step-Up” basis.