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<p>[QUOTE=&quot;Rono, post: 203605, member: 6492&quot;]Howdy,</p><p>&nbsp;</p><p>I am absolutely positive.&nbsp; Stocks (and according to satookoko all assets) that are part of an estate receive a stepped up cost basis for the heirs.</p><p>&nbsp;</p><p>This is why it is sometimes wise to hold your growth stocks until death if you&#039;ve made a pile.&nbsp; Spend your other stuff, but let the kids get the growth stocks as your thereby avoid the cap gains tax.</p><p>&nbsp;</p><p>What you can do for more info is google &#039;stepped up cost basis&#039; or go to the <a href="http://www.irs.gov" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.irs.gov" rel="nofollow">www.irs.gov</a> site and search for the same thing.&nbsp; They&#039;ve actually got a very nice website that&#039;s pretty user friendly.</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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