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Posts Tagged: 2010 tax law

Another Kind of “Bucket List”: the New “Carry-Over Basis” Rule

Among the many changes in tax law to go into effect in 2010 was the change in cost basis for inherited assets. Previously, all inherited assets were “stepped-up” from their original value at date of purchase to their fair market value at date of death. In this way, if inherited assets were sold shortly after… Read More »

Posted January 20, 2010 by Gene Osofsky & filed under Current Events, Estate Planning.

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Elder Law Blog

  •  Inheritance While on Medi-Cal? How To Preserve Your Benefits
  • Preserving Your Parent’s Low Property Tax When Inheriting the Home
  • Must We Cash in IRAs to Qualify for Nursing Home Medi-Cal in 2026?
  • How to Activate a POA Upon the Incapacity of the Signer
  • Protect Deceased Loved Ones from Identity Theft

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  • KDIA 1640 - Financing The Cost Of Long Term Care