When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they only receive a $250,000 capital gains exemption when they sell the property?

Do funds in a Roth IRA get the benefit of a stepped-up basis for my heirs when I die? No, the cost basis of the assets held within your IRA will not step up or reset to their current market value ...

President Joe Biden’s budget request included changes that would tighten loopholes related to partnerships and the stepped-up basis rule and those who have over $100 million in wealth ...

We support the continuation of an unlimited stepped-up basis for farm and ranch businesses. Estate taxes should be permanently eliminated. The capital gains tax rate should be reduced and assets ...

Do funds in a Roth IRA get the benefit of a stepped-up basis for my heirs when I die? No, the cost basis of the assets held within your IRA will not step up or reset to their current market value ...

In April, the Biden Administration released the American Families Plan (AFP), which included their intention to make stepped-up basis, or accumulated gains in asset value subject to capital gains ...

When a beneficiary inherits a stock, its cost basis is stepped up to the value of the security at the date of inheritance. Inherited stock, unlike gifted securities, is not valued at its original ...

Jeffrey Levine, chief planning officer at Buckingham Wealth Partners, discusses in this Retirement Daily video whether trust assets get a step up in basis. When my dad passed away 30 years ago his ...