Tagged: Step-up basis

1 post tagged with "Step-up basis"

An elegant private art collection in a wood-paneled study with framed paintings and antique furnishings

Mar 12, 2025 · Title Allocate Team

The Step-Up Basis: A Quiet Mechanism with Loud Consequences

How IRC §1014 can save beneficiaries millions in capital gains taxes and why proper valuation of art and collectibles is essential to capture the benefit.