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Eliminating the Step-Up in Basis? episode artwork

Jun 9, 2021 20 min

Eliminating the Step-Up in Basis?

from Wealth Talks

The step-up in basis or stepped-up basis allows property and businesses to be passed to the next generation without a tax on the appreciation. Biden's new tax plan depicts removing the step-up basis. Removal of the step-up basis will seriously jeopardize the financial legacy of many Americans. Today on Wealth Talks, Tom and John discuss how we can prepare to leave a legacy in spite of this. How to Build Sustainable Wealth – Get the book: https://www.life-benefits.com/store/

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