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URL:  http://boards.fool.com/estate-funds-31043230.aspx

Subject:  Estate Funds Date:  12/30/2013  7:00 PM
Author:  nml Number:  119775 of 121219

Hey All,

Apologize if this question is better posted on another board.. if so point me to that area...

How are funds left for children handled....specific example (numbers made up)

I purchase $1000 of BRK.B stock in a R/O IRA
I purchase $1000 of BRK.B in a regular margin brokerage account.

In 25 years I die and each account is worth $25000 dollars.

When these accounts are left equally to my 2 children, what will be the basis of the proceeds when they eventually cash the stock in...

TIA

Mick
(just beginning to look at the specifics of estate planning...as currently only 55, employed, loaded with insurance and all kids out of the house, educated, married and pretty much on their own)
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