SWIMBO and I are reviewing and updating our estate plans and I'm
wondering what the latest rules are regarding inherited securities. I've
got a goodly amount of a US company's stock which has increased in value
almost 15 times its original purchase price over the 25 years I've held
it. If one of our heirs inherits this stock and then sells it, will they
have to pay capital gains tax on the full increase in value?
- posted 11 months ago