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<p>[QUOTE=&quot;-jeffB, post: 3160447, member: 27832&quot;]That&#039;s not relevant anyhow, is it? Doesn&#039;t the cost basis reset on inheritance?</p><p><br /></p><p>In other words, if I put $1000 into gold at $120 an ounce and it&#039;s $1200 now, I&#039;ve got $10K at a cost basis of $1K. If I sold, I&#039;d pay capital gains on $9K.</p><p><br /></p><p>If I die and the gold goes to my kids today, their cost basis is $10K (market value at the day I die, I think there&#039;s an option to take a different date instead). If they sold at today&#039;s price, they&#039;d pay capital gains on <i>nothing</i>.[/QUOTE]</p><p><br /></p>

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