Before You Give Away the Family Home, Hear This

What if holding onto a family home could save your heirs thousands in taxes? Jimmy Lin uses a fascinating story from Augusta National and a homeowner who refused to sell to explain one of the most overlooked estate-planning concepts: the step-up in basis. Discover how inherited homes, investments, and other appreciated assets can be treated differently under the tax code, why gifting assets during your lifetime may have unintended consequences, and what families should consider before passing property to the next generation. If you want to begin the conversation on helping turn your retirement savings into income, preserving your retirement assets, and optimizing your taxes throughout retirement, go to rightpathwm.com and set up a meeting with Jimmy and the team or call 702-805-7000. Hear Jimmy Lin on “Right Path to Retirement Radio” each Saturday at 12 noon on News and Talk Radio 840 KXNT Facebook   YouTubeSee omnystudio.com/listener for privacy information.