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 ...

Amira Scott, a participant of the Step Up program, gives a tour Monday, Jan. 5, 2026, of her new Allentown apartment and reacts sitting on her bed in her own bedroom. She will share the apartment with ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. Many taxpayers created irrevocable trusts and transferred significant ...