What's a Step-Up in Basis?
Snyder Law, PC Snyder Law, PC
423 subscribers
467 views
21

 Published On Mar 16, 2023

Did you know that you are able to wash away the taxable appreciation in an asset that you give to another person in your death?

This is called a Step-Up in Basis!

How does this work?

The tax laws allow you to take an asset that has appreciated and move the original cost basis to the fair market value.

That means BIG savings!

Here’s an example of what this looks like…


Snyder Law, P.C.
2 Park Plaza, Ste 480
Irvine, CA 92614
(949) 333-3702
http://www.SnyderLawPc.com

show more

Share/Embed