Real Estate Rich, Cash poor

[MaRumph]

What is the name of your state (only U.S. law)? South Carolina.
Single Mom wants investment real estate to distribute to specific children (some whole properties, some 25%- 50% shares of commercial pieces).
Living Revocable Trust in place, but need to fund the trust now. $2million value:
Child 1 gets Property A, B, & 33% of C.
Child 2 gets Property D, E, & 25% of F
Child 3 gets 1/3 of Property C. 25% of Property F
Child 4 gets Property G.

What is the best entity for Mom to put all property into, then gift small portions over years to avoid estate tax. Everything into FLP? Four irrevocable trusts? Four LLC's? Thanks for your help!
MaRumph

 

[FlyingRon]

Impossible to say without knowing just what monetary amounts we're talking about (are these properties owned free and clear as well?). Best advice would be to take the whole package of assets and what the intent is to a estate planner. This one appears involved.

 

[JETX]

First, your questions are WAY too complex for an online free ADVICE forum.
Second, you're looking for specific legal services.
Go to Find Attorneys & Lawyers - AttorneyPages.com Attorney Directory and find a local attorney or CPA who can review all of your intentions and advise properly.