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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Tag Archives for: "step-down in basis"
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 How Do You Dissolve a Revocable Trust After Death?
0
By Harry Margolis
In Revocable Trusts
Posted February 21, 2025

How Do You Dissolve a Revocable Trust After Death?

Question: My father passed away last year. (My mother passed away several years ago.) He had a revocable trust that says that upon his death the trust holdings, his home and some investment [...]

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 Can Heirs Avoid a “Step-Down” in Basis?
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By Harry Margolis
In Probate
Posted January 3, 2025

Can Heirs Avoid a “Step-Down” in Basis?

Question: My 100-year-old mother formed an irrevocable trust for Medicaid-planning purposes back in 1997. It has a brokerage account that holds a T bill and some stocks. The stocks have a fairly [...]

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Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book
(An Amazon Prime Reading selection)

Read Sample Chapters

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