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Financial Planning / Tax Strategies


Subject:  Re: Transfer in kind Date:  12/27/2013  11:43 AM
Author:  reallyalldone Number:  119764 of 127637

2. The "cost basis" for the stock in the transfer is reset to the value on the day of the transfer?

What you may have been thinking of is that this is true if you die and someone inherits the stock but that is a tough way to increase the cost basis ;)
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