Landowners should review titles and communicate with heirs about how their land titles impact stepped-up basis calculations.

Here's the thing about estate planning: most people don't think about it until it's too late. The stepped-up basis provision has been quietly saving families billions in taxes for decades, acting as a ...

What if a husband and wife own a home together that increases in value by $500,000. When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they only ...