Reporting & Tax Deadlines
Assets in Irrevocable Trusts and Stepped-Up Basis
If you are the recipient of an inheritance, you might be wondering what the tax treatment of the assets should be. Ultimately, when you inherit stocks in the form of a taxable brokerage account, you will typically receive a stepped-up cost basis. This is a factor that...
Handing Down the Family Business
Ensure the longevity and success of your business by creating a strategy to transfer ownership. Don't let your hard work go to waste by failing to envision the company's future without you at the helm. Follow the advice below to properly plan the estate of your family...