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Subject:  Re: 2013 Stepped-Up Cost Basis Date:  1/15/2013  6:26 PM
Author:  papaduke101 Number:  117375 of 127753

I plan to update a "Letter of Instruction" for DW and children that provides key information regarding financial accounts/documents,funeral arrangements, contacts,etc.
Previously, I cited specific attention to communicate in writing with my brokerage account point-of-contact regarding the laws governing "stepped- up cost basis" since I have a few stocks with a low cost basis that have appreciated.
My understanding was that cost of stock(s) on the day of my death could be used to update the cost basis of associated stocks.

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