Wednesday, December 23, 2009
Loans at 0.57% to Family Members Could Save Millions on Taxes
Estate planner Richard Behrendt helped his client make $5 million loans to each of his children this year, avoiding gift taxes of 45 percent and saving the kids as much as $837,000 apiece in interest... Rates for so-called intra-family loans have declined as much as 53 percent since 2008... BusinessWeek: Loans at 0.57% to Family Members Could Save Millions on Taxes
Permalink posted by markw @ 6:47 AM 
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