I wouldn't mock the parent so quickly. See page 24 here for the game that's being played: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3242314 https://pa

I wouldn't mock the parent so quickly. See page 24 here for the game that's being played: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3242314 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3242314 Particularly the section "Stepped-up Basis on Death (Die)"