updating 8330 curve - Liquidating inherited stocks

liquidating inherited stocks-13

There's one more step — younger wives, please note.

When Mary reaches age 59-1/2, she should retitle the account again, this time in her name alone.

Jane Bryant Quinn is a personal finance expert and author of Making the Most of Your Money NOW.

Deciding the value of an estate determines whether -- and how much -- tax will be paid before the estate is distributed to the heirs.

Part of that process also determines whether -- and how much -- capital gains tax will be paid in the future by persons who inherit stocks.

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