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Except it doesn't work that way because cost basis gets reset during inheritance which is a huge give away to the most wealthy families. It is also the reason f
by dlp211 9y ago
Except it doesn't work that way because cost basis gets reset during inheritance which is a huge give away to the most wealthy families. It is also the reason for an Estate Tax.
- humanrebar 9y agoThe heirs would presumably be buying homes, cars, vacations, food, night clubs, etc.