BobKamman
Level 15
04-06-2023
03:40 PM
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It's a great idea if the father is in a high tax bracket, plus facing higher Medicare premiums if he takes the capital gain -- and in my experience, many generous parents have money to burn. And, if the son needs the money, or needs the asset for a margin loan, because he's in a low tax bracket.
Let's not get hurt jumping to conclusions.