Q: My wife and I own two real estate properties. One of the experts I refer to in the real estate field is Ilyce Glink, who has written many useful books on real estate. Ms. Glink pointed out that one ...

What if a husband and wife own a home together that increases in value by $500,000. When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they only ...

Key steps, taxes and family considerations of inherited property.

I noticed this tweet from a wealth adviser: “The greatest perpetuator of U.S. wealth inequality is the stepped-up basis rule. Basically, when you die, all the capital gains on your assets (home, ...

Financial Q&A | How does the step-up in cost basis work with inherited money and property?

Estate planning is key to transferring your generational wealth down to loved ones, as is understanding how to pass it down ...

WASHINGTON - Agricultural groups and farm-state lawmakers notched a significant win when U.S. House Democrats chose not to touch a big tax break for inherited property, avoiding for now a ...