Wealthable

Estate Planning

Stepped-Up Basis Reform: Proposed Changes

President Biden’s recent tax reform proposal has sparked discussions about …

Step-Up in Basis Impact: Understanding Its Role in Estate Planning

Estate planning is a complex endeavor, and one of its most intricate components is the "step-up in basis." This mechanism can significantly influence the after-tax value of assets, especially when considering the difference between a full and partial step-up. Financial advisors play a pivotal role in guiding clients through this maze, ensuring they maximize their wealth for themselves and their heirs.

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