3 ms·
>the obvious solution (removing the cost basis step-up when assets change hands) Not as simple as it sounds...when you can set up original ownership of an asse
by hammock 2y ago
>the obvious solution (removing the cost basis step-up when assets change hands)
Not as simple as it sounds...when you can set up original ownership of an asset into a trust and have control of that trust change hands.
- gruez 2y agomoving the funds into the trust would be a taxable event, so I'm not sure what the problem is.