Talk:Step-up in basis

Reader feedback: It doesn't say what happens...
108.244.58.5 posted this comment on 2 November 2016 (view all feedback).

"It doesn't say what happens after the death of the second spouse the house is sold or left to the heirs; after the first spouse died, the house is retitled from Joint to a Trust in the name of the remaining spouse. What cost basis does the house have when the house is sold after the second spouse dies?"

This question goes beyond the level of complexity intended for this wiki page. The situation can be complex and depend on several factors. If this is a request to address a personal situation, please ask in the Bogleheads' forum for advice.

LadyGeek 19:38, 2 November 2016 (EDT)