Stepped Up Basis
February 15, 2016/
Refers to the value at the time of the death of an owner or co-owner. Rather than using the original purchase price, the deceased owner’s basis is calculated as the value as of date of death.
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Refers to the value at the time of the death of an owner or co-owner. Rather than using the original purchase price, the deceased owner’s basis is calculated as the value as of date of death.