stepped-up basis on estate planning is a double edged sword.
1. on one hand, the estate can reclaim all your depreciated assets back to fair market value, without paying any capital gains tax.
2. on other hand, if your estate exceed the death limit, your heirs can be doomed, at 45% estate tax.
1. on one hand, the estate can reclaim all your depreciated assets back to fair market value, without paying any capital gains tax.
2. on other hand, if your estate exceed the death limit, your heirs can be doomed, at 45% estate tax.
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