5 TIPS FOR MAKING INTRAFAMILY LOANS
One of the best strategies for clients with wealth is to find ways to maximize the value and economic efficiency of that weath in a way that benefits the family without increasing the tax impact on the client's estate. An intrafamily loan is often an excellent strategy. Loans to the children and grandchildren can be used to help the kids purchase a home, pay for living expenses, start a business, and many other things. With short term interest rates less than .25% per year, even loaning funds for investment purposes...
Published By: Justia - Tuesday, 14 February