Some Problems are Worth Having
Published Thursday, April 20, 2006 by Real Estate Pro | E-mail this postA PAT works like this; a seller sells the property to their PAT for a lifetime income contract (called a private annuity) and then immediately sells again to the buyer. Our clients are over the age of 70 and that caused life insurance to be more expensive than they could afford while they were planning for how to pass that ranch to their kids and pay the estate tax that would occur when they both pass.
Tagged: taxes
Some Problems are Worth Having