Webinar Replay: Understanding the Step-up Basis for Assets Acquired from an Inheritance

Feb 13, 2024
Estate Planning

Join us for an insightful webinar on “Understanding the Step-Up Basis for Assets Acquired from an Inheritance.” Discover the intricacies of this essential concept in estate planning and learn how it can impact your financial future.

The step-up basis is a tax provision that adjusts the value of inherited assets for tax purposes. When an individual inherits assets, the original basis (typically the purchase price) is adjusted to the fair market value of the assets at the time of the original owner's death. This adjustment, or “step-up,” has significant implications for capital gains tax.

Understanding the step-up basis is crucial for individuals involved in estate planning, as it can influence decisions regarding the transfer and management of assets to minimize tax liabilities for heirs.

What to Expect:

  • Gain a comprehensive understanding of the step-up basis and its implications for inherited assets.
  • Learn the benefits of a step-up basis such as minimizing tax liabilities and simplifying future transactions.
  • Learn through real-life examples to grasp the calculations and benefits of the step-up basis.
  • Hear from experts at AmeriEstate who will guide you through the nuances of estate planning.

Date of Webinar: February 8, 2024 Time: 10:00 am PST