Gerald Lee Tahajian, Attorney at Law Wills, Trusts, Taxation & Probate   
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This Week's Topic: Self Cancelling Installment Notes


Posted 09/16/02

If you have a highly appreciated asset and that is not generating any cash flow that you believe will eventually be worth a lot more in the future than it is today and that you are keeping for your children, you might consider selling it to them on an installment note with as low an interest rate as allowable and at a discount from the property

 

 
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