4 07, 2018

What is “Stepped Up Basis” and How Does it Affect Estate Planning?

2018-11-08T05:36:57-05:00July 4th, 2018|

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 their heirs. But, that doesn’t [...]

19 08, 2016

Stepped-Up Basis in Inherited Assets

2018-02-02T22:10:45-05:00August 19th, 2016|

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 taxation, it should not come [...]