The Trump administration's proposals, including the potential repeal of the federal estate tax, have implications for capital ...
Get a clear explanation of capital gains tax on inherited homes, including the role of basis, step-up, and exclusions.
You may owe capital gains tax on the difference ... which may help you avoid paying an inheritance tax. An estate planner can explain these options.
For example, surviving spouses, parents, children, and grandchildren are often exempt from paying inheritance taxes, while ...