Eliminating the Step-Up in Basis?

<p>The s<em>tep-up in basis</em> or <em>stepped-up basis</em> allows property and businesses to be passed to the next generation without a tax on the appreciation.</p> <p>Biden’s new tax plan depicts removing the step-up basis. Removal of the step-up basis will seriously jeopardize the financial legacy of many Americans.</p> <p>Today on Wealth Talks, Tom and John discuss how we can prepare to leave a legacy in spite of this.</p> <p><a href="https://www.life-benefits.com/store/">How to Build Sustainable Wealth – Get the book: https://www.life-benefits.com/store/</a></p>