Exemptions to Increased Property Taxes.
With estate planning, one of the primary goals is to minimize the costs, especially taxes. There are many types of taxes to consider, such as income, estate and generation skipping taxes. When real property is involved, estate planning also includes minimizing real property taxes. Although the amount of real property taxes is not as dramatic as typical estate taxes or capital gain taxes, property taxes are paid year after year. since real property is the primary source of wealth for most estates, it is critically important to minimize real property taxes by avoiding reassessment wherever possible.
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Exemptions to Increased Property Taxes
Source: http://www.finance4noobs.com/exemptions-to-increased-property-taxes/
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