ND | senorthdakota - 10/31/2025 16:41 Sell some stock for down payment for the son in law have him own it!!! That will keep him motivated to keep taking over!!!
I agree about the next generation own it, but have your daughter and son in law buy it. Not just your SIL. This is a good time to review your estate plan, if you have not done so lately. You cannot just give the money to them without tax consequences. Your gain on the stock sale could be large, and factor in the capital gains tax. You need a CPA and Atty. with planning like this. |