She can name any number of charities to
She can name any number of charities to receive the 14 million in the trust when she dies. They want to build a giant shopping mall [...] If the capital gain rate is 15%, this saves $2,100,000 in capital gains taxes. She will get a huge tax deduction based on her charitable contribution to the trust. The trust would then sell the land to the realestate developer. Here is an example that applies to anyone contemplating selling a highly appreciated asset. Moreover, they are willing to pay 14 million dollars for her 80 acres.
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