2 ms·
At the amounts you're talking about (100s of millions of $$), virtually all of that stock would be subject to the federal estate tax, with the vast majority of
by djrogers 5y ago
At the amounts you're talking about (100s of millions of $$), virtually all of that stock would be subject to the federal estate tax, with the vast majority of it at the 40% top rate.
Those unrealized gains you're talking about are one of the main reasons the estate tax was enacted ~100yrs ago...
- robotresearcher 5y agoYes, in practice there are more tax sidesteps via foundations, etc. But the step that wipes the capital gains liability is as described.