How to Legally Avoid Capital Gains Tax and Keep More Wealth in the Family
Update: 2025-09-23
Description
 👉Get started on your estate plan—watch our, on-demand workshop: https://www.daytonestateplanninglaw.com/how-to-not-go-broke-in-a-nursing-home-even-if-you-think-its-too-late/
Ted Gudorf, a certified estate planning attorney, highlights the crucial role of capital gains tax planning in protecting family wealth. He explains key concepts such as unrealized capital gains, the stepped-up basis rule, and advanced strategies like charitable remainder trusts and installment sales. Gudorf stresses that proper timing and a comprehensive estate plan are essential to reduce tax burdens and secure a lasting financial legacy.Â
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Takeaways Â
- Capital gains taxes can significantly impact family inheritances.
- Proper planning can legally eliminate capital gains taxes.
- The stepped-up basis rule allows heirs to inherit assets at current value.
- Holding onto appreciated assets until death can save taxes.
- Charitable remainder trusts can provide income while avoiding capital gains taxes.
- Installment sales can spread capital gains tax over multiple years.
- Opportunity zones can defer and reduce capital gains taxes.
- Timing is critical for implementing tax strategies effectively.
- Comprehensive estate planning is essential for preserving wealth.
- Working with professionals is crucial to navigate complex tax laws.
 Resources:
- Gudorf Law Group
- The Ohio Estate Planning Guide - Free Book
- Gudorf Law: What We Do and How We Help Webinar
- Don't Go Broke in Nursing Home Workshop
- When a Loved One Dies: A Legal Guide - Free Book
- Subscribe on YouTube
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