Recommendations & Strategies第 61 / 110 题
A step-up in cost basis at death generally means which of the following for inherited appreciated securities?
a.The heir's basis is adjusted to the fair market value on the date of death
b.The heir inherits the original purchase price as basis
c.The gain is taxed immediately to the estate as ordinary income
d.The securities must be sold within 30 days
解析
When appreciated securities pass to an heir, the cost basis is generally stepped up to the fair market value on the date of death, potentially eliminating the built-in capital gain. If the heir later sells near that value, little or no gain is recognized. This is an important estate planning consideration.
免费刷完整 110 道题库 — 无需注册。
同考点相关题目
- A client wants current income and capital preservation with low risk. Which allocation is most suitable?
- An investment adviser recommending a strategy must ensure it is suitable. Which action best supports suitability?
- Which retirement plan feature is characteristic of a defined benefit plan?
- An efficient frontier graph plots portfolios according to which two dimensions?
- A client in a high tax bracket seeking tax-advantaged income would most likely benefit from which of the following?
- A bond ladder strategy is designed primarily to accomplish which of the following?