Thanks for sharing your journey. I like many of your readers appreciate your personal and financial insights.
Reading both your article and comments got me thinking about how best to title assets for someone approaching end of life. Here's my question...if all your jointly owned taxable assets were placed in your name only would your wife get a 100% step up valuation on all those assets?
Take care.
Comments:
Thanks for sharing your journey. I like many of your readers appreciate your personal and financial insights. Reading both your article and comments got me thinking about how best to title assets for someone approaching end of life. Here's my question...if all your jointly owned taxable assets were placed in your name only would your wife get a 100% step up valuation on all those assets? Take care.
Post: Looking Different
Link to comment from July 6, 2024