407, 2018
What is “Stepped Up Basis” and How Does it Affect Estate Planning?
Phrases like “stepped up basis” tend to make the average person’s eyes glaze over. Everyone wants to maximize wealth and minimize expenses such as tax obligations. And, they want to avoid unnecessary tax burdens for [...]
1908, 2016
Stepped-Up Basis in Inherited Assets
When considering leaving property to beneficiaries, tax considerations factor heavily in estate planning. Since one is hard pressed to find any aspect of our life (and death) that is not subject to some form of [...]