tax implications

You need to talk to an accountant with details to determine whether selling stock before probate is in your best interests.

When you inherit stock, your cost basis of the inherited stock is the price the deceased bought many years ago. If the deceased (under the direction of executor) sell the stock, the capital gain is due to be taxed this year, immediately. On the other hand, if the stock passes to you, you don't have to pay the capital gain tax until you sell the stock, whenever that might be.

I understand you are just happy to have the money today and keep it under your mattress. But sometimes the difference can be substantial (say a couple thousand). It is worthwhile to consult an accountant with numbers and let him calculate it out, even considering the volatility of the market.

If you really want cash, you can talk to the executor, who is he anyway? a lawyer or some relative?

所有跟帖： 

• 謝謝Lexm5, 跟我們聯係的有一個律師和投資管理人。律師不是很nice, 所以我要先弄明白在跟她談。 -Maude- ♀ (0 bytes) () 09/01/2014 postreply 19:59:57

• 你的要求如果合理，執行人可以考慮，但是沒有義務遵守。因為執行人對你沒有責任。 -lexm5- ♂ (838 bytes) () 09/01/2014 postreply 20:14:56

• 謝謝！ -Maude- ♀ (0 bytes) () 09/01/2014 postreply 22:50:52