Niko on Nostr: They would inherent whatever Bitcoin is left over using a step-up in cost basis. So ...
They would inherent whatever Bitcoin is left over using a step-up in cost basis. So if you bought it at $10k, you died when it was $100k, they inherit the Bitcoin like they bought it at $100k and shouldn’t have to pay any gains until it’s sold above that. Estate planning is key.
Published at
2023-04-10 14:48:01Event JSON
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"content": "They would inherent whatever Bitcoin is left over using a step-up in cost basis. So if you bought it at $10k, you died when it was $100k, they inherit the Bitcoin like they bought it at $100k and shouldn’t have to pay any gains until it’s sold above that. Estate planning is key.",
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