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Financial Planning / Tax Strategies


Subject:  Re: Trust Taxes Date:  10/22/2006  10:35 PM
Author:  ibnana Number:  89200 of 123001

if your mother had inherited the stock, and SHE established the trust
for her childres, is the cost basis still re your father's ownership,
or does it change to HER ownership, thus the cost basis changes.....

Hi sasha,

I would assume that if mom had inherited the stock outright and then she established the trust, it would no longer be father's ownership,