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