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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (249949)5/26/2010 10:04:31 AM
From: TommasoRead Replies (1) | Respond to of 306849
 
Basis is irrelevant at death in the U. S. The current value is simply included in the estate. In Canada, basis is considered and capital gains taxes are assessed. Unsold stocks can be valued either on the day of death or on an alternate date six months later (U.S. law).

law.freeadvice.com

EDIT: see also:

serbinski.com