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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%3:59 PM EST

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To: deibutfeif who wrote (141600)8/14/2001 5:27:00 PM
From: GVTucker  Read Replies (1) of 186894
 
deibutfeif, in regards to joint property, note that it is held jointly by both spouses. When one spouse dies, the property goes to the other spouse tax free. Stepped up basis doesn't enter into the calculation at all.

When the second spouse dies, the normal stepped up basis rules apply to all the stock, as long as the estate is subject to estate taxes.
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