The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Tax On Inheritance Date:  2/12/2006  8:26 AM
Author:  SaintTimothy Number:  83840 of 127616

Ira - thanks for the quick reply.

I guess that this is just another fluke in the US tax code. For inheritance of stocks or real estate, the heir gets a stepped-up tax basis and pays no taxes, but this apparently doesn't apply to annuities.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us