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Step Up In Basis

Question: My wife died 3 years ago. At that time the tax cost of some stock shares we owned increased from $2.00 to $40.00. The current stock price is $15.00. If I should die can the tax cost of the...


Estate Tax on Personal Property?

In determining amount of Gross Estate for Tax purposes, what divides Personal assets (Jewelry, cars, tools, guns, etc) from taxable assets? Is it number of items, or value? To reduce the amount of a Taxable Estate, what is to prevent...

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