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Message: <blockquote data-quote="shorthairsrus" data-source="post: 366948" data-attributes="member: 219"><p>Congress actually went back in and gave an option to the 2010 deaths --- they could opt to pay estate tax/step ups would apply ---- or opt to no estate tax and no step ups.   TG for for the ordinary estate they were able to get a step up and they were not paying estate taxes regardless.  </p><p></p><p>The never plan on being sold thats not real life --- you can never say never.    </p><p></p><p>As far as minimizing cost basis --- we never want to minimize we want to maximize so we dont have taxable gains.    Step ups are needed believe me.    People cant keep track of what they paid a hunting land 2 years ago let alone "i inherited it from 5 family members ago going back to the 30s"  Can you imagine.  ugh</p></blockquote><p></p>

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