Tax strategy that keeps you from selling land could make it easier for heirs to sell after you're gone. What farm families ...

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 ...

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

Stepped up basis can minimize the tax bill. Basis is a key concept to understand here. Let’s say you bought a bunch of stock for $100,000 and a few years later sold it for $250,000. To understand how ...

The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. Just as the Republicans demagogued the federal estate tax issue, it appears that they are trying to do ...

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 ...