John (age 78) & Marie (age 76)
Legacy Plan Example
- Both are in good Health
- Bought the property for $300,000
- Would like to leave an inheritance to children
Sold Property
$
0
Subject To Gain
$
0
Capital Gains Tax 15%
$
0
John & Marie's Strategy
By transitioning their money…
- Donated to 501(c)3
- Got tax deduction
- Tax Free Inheritance
Property Sale
$
0
Donated to 501(c)
$
0
Immediate Death Benefit, 2nd Death
Reduced Capital Gains by
$
0
Income Account Value
$
0