3 ms·
What would the owner have done if they decided to sell the assets shortly before death? Either they can establish a cost basis, or the basis is assumed to be $0
by eli 2y ago
What would the owner have done if they decided to sell the assets shortly before death? Either they can establish a cost basis, or the basis is assumed to be $0. I don't see why this is a big problem.
- tim333 2y agoIt's enough of a hassle acting as an executor when your parents die without that on top.