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Generational Wealth - again - sort of
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turnipted
Posted 1/29/2026 11:33 (#11531492 - in reply to #11531474)
Subject: RE: Generational Wealth - again - sort of


So.... gifting gets estate $ amount down that goes through probate but DOES NOT get a stepped up in basis but if ya set up a Revokable Trust ( which ya see a lot of now), you get the value of the property not going through probate plus the value of stepped up in basis but also have a  cost of setting up the trust?

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