ABC's of Offshore Investing and Asset Protection Message Board

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Strategies & Market Trends : ABC's of Offshore Investing and Asset Protection

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To: Philip S. LaMar Jr., J.D. who wrote (10)	5/20/2001 7:31:30 AM
From: WallStBum	of 11

An attorney I know has a client who is the personal representative of an (intestate) estate. The decedent (his father) owned a Swiss account comprised of some cash and mostly equities. Question: are there any special procedures for avoiding tax liability on the gain if his client liquidates the stock? Are the equities subject to stepped up basis? Any help would be appreciated. Thanks Dax

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