The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Estate Funds||Date: 12/30/2013 7:00 PM|
|Author: nml||Number: 119775 of 125227|
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...
(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)
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|