Message:

<p>[QUOTE=&quot;Treashunt, post: 2169800, member: 6763&quot;]There was no need to have cost basis, unless it was very high.</p><p><br /></p><p>The estate can use the basis (cost) as of the date of death, or that as of 6 months later, which ever is higher, and by election.</p><p>Therefore, the &quot;they were valued at current prices&quot; was correct.</p><p><br /></p><p>The other values, &quot;The stocks and property were easy to do as they were all well documented.&quot; you may have overpaid the taxes due.</p><p><br /></p><p>Estate taxes are a specialty, and you have to know the rules.</p><p>They are very different from regular income taxes.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in