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<p>[QUOTE=&quot;MIGuy, post: 8140456, member: 116145&quot;]I second this suggestion, it may be advisable to transfer the coins to a trust or other entity prior to sale to minimize tax consequences.&nbsp; There are a lot of variables involved depending on the father’s short term / long term needs and / or goals.&nbsp; Hopefully an elder law and estate planning attorney are also consulted if appropriate.&nbsp; <a href="https://www.investopedia.com/articles/pf/12/set-up-a-trust-fund.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investopedia.com/articles/pf/12/set-up-a-trust-fund.asp" rel="nofollow">https://www.investopedia.com/articles/pf/12/set-up-a-trust-fund.asp</a>[/QUOTE]</p><p><br /></p>

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