Making sense of illness, death and taxes through the eyes of Attorney and Author, Melinda Gustafson Gervasi
Monday, May 23, 2011
Smart Downsizing Tips
I recently came across this article, and thought it offered some logical and sound advice on smart downsizing. One element I especially liked was the discussion of the interplay between gifting and the capital gains tax (paid by the person who ultimately sells an item). So, whether you are looking to downsize, or like me, are the generation that may be the recipient of discarded items, this is a good article to review.
Labels:
Collectibles,
Elder Issues
Melinda Gustafson Gervasi is a Madison attorney and author whose current practice focuses on estate planning and probate. She is committed to increasing the public’s understanding of estate planning and probate issues. In 2013 she released her first book, Middle Class Philanthropist where she illustrates how anyone can leave a legacy. Gustafson Gervasi Law Office, LLC, 5555 Odana Rd., Suite 205, Madison, WI 53719
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