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How Does the Step-Up in Basis Save Families on Taxes?
Автор: OC Wills and Trust Attorneys
Загружено: 2025-09-13
Просмотров: 103
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Brian Chew explains why putting kids on title can actually rob them of one of the biggest tax breaks available—the step-up in basis. When someone passes away, their heirs inherit property at its current market value, not the original purchase price. That means thousands, sometimes hundreds of thousands, in capital gains taxes disappear. For most families, death isn’t a tax event—it’s a tax saver. Brian shows why misunderstanding this rule can cost heirs a fortune.
Click the bio link to watch the full episode.
https://bio.link/brianchew
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