2023-12-19 06:53:12
Dear parents swimming in money! You probably know that not only real estate, but also securities can be transferred to children and grandchildren with tax benefits if you retain the usufruct. If, contrary to expectations, this is not the case, then in my opinion it is the best option to deal with the topic. But, as you correctly suspect, I am less interested in presenting the possible advantages. Others can do that much better than me.
It is important to me to describe the risks and side effects because banks and asset managers do not like to talk about such things; after all, there is a great risk of ruining lucrative deals with (too) much information. In short, dear millionaires: Please be careful about giving away securities with usufruct in the last days of this year. You might regret it, as the following case shows.
#securities #transferred #children