Inheriting property can feel like both a blessing and a burden. You're dealing with loss, memories, and suddenly there's a ...

What if a husband and wife own a home together that increases in value by $500,000. When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they only ...

Inheriting a home can be both a gift and a challenge. Alongside the emotional weight of loss, you might also face tough financial decisions, especially if you plan to sell the property. One of the ...

The grieving process is always challenging. But for many families, the slow legal process of distributing an inheritance compounds emotional pain with financial uncertainty. When pressing needs for ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. Many taxpayers created irrevocable trusts and transferred significant ...

In response to my Aug. 19 column on the California law that lets parents transfer homes to their children without a property tax reassessment, several readers asked questions similar to this one from ...

Gifting appreciated assets during your lifetime can saddle your beneficiaries with massive capital gains taxes they could otherwise avoid. Assets passed down after death often qualify for a step-up in ...

Financial Q&A | How does the step-up in cost basis work with inherited money and property?

None of us will be there to make sure the transfer of our assets goes smoothly after death, so the time to plan and prepare is while you’re still alive. There’s a common misconception that estate ...