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To: Logain Ablar who wrote (104906)	5/25/2001 3:05:11 PM
From: benwood	Read Replies (1) \| Respond to of 436258

Tim, would an inherited equity fall outside of the estate tax, but within the [usually] long term (20%) cap gains tax? If so, that would likely yield a benefit as you say. I was thinking the stock would be part of the estate, and when you sold it, you'd have to pay cap. gains tax based on the original cost basis (i.e. getting taxed twice). But it sounds like I may have been mistaken. Whatever the case, I'm for fair share taxation and all that crap, but the estate taxes are the same (I think) as when I first started saving in earnest, about 16 years ago. The tax-free window really should have been adjusted by now, to at least 2x what it is.