Moreover, they are willing to pay 14 million
Moreover, they are willing to pay 14 million dollars for her 80 acres. They want to build a giant shopping mall [...] She will get a huge tax deduction based on her charitable contribution to the trust. Here is an example that applies to anyone contemplating selling a highly appreciated asset. The trust would then sell the realestate to the realestate developer. If the capital gain rate is 15%, this saves $2,100,000 in capital gains taxes. She can name any number of charities to receive the 14 million in the trust when she dies.
Non Surgical Face Lift
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