Creative Real Estate Sharing Strategies
Residential property in California costs more than in most areas of the country, making it difficult for younger generations to become homeowners. Older generations, on the other hand, may find that property values have increased to the point where a significant portion of their net worth is tied up in real estate.
These are just two situations in which an estate planning attorney can suggest creative real estate or equity sharing strategies to be used by individuals and their adult children.
As a lawyer with a Master of Laws degree in taxation and an estate planning attorney with more than 30 years of experience, I have been able to help generations of clients successfully deal with real estate and transfer of equity goals.
To maximize tax advantages and share real estate, contact San Jose family equity sharing attorney Robert Froehlich or call 408-297-0700 for a free initial consultation.
California Income Tax Planning Lawyer
All parties can benefit if parents choose to help their adult child buy a home.
- Estate taxes can be avoided by sharing equity prior to retirement or death
- Income tax rules allow for both parties to benefit from tax deductions and savings
- Equity can be protected in the event of a younger generation loan default, bankruptcy or divorce
- Adult children can become homeowners
- Elderly generations can pass along assets and witness the happy results
- Inheritance can stay in the family
More Than 30 Years of Estate Planning Experience
I focus my legal practice on estate planning, tax planning and probate, and would be happy to help you accomplish your legal objectives. Contact Robert A. Froehlich, Attorney at Law, for a free initial consultation or call 408-297-0700 to schedule an initial meeting.
