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.

I recently completed my third 20 county tour across Iowa’s 1st Congressional District to hear more about issues that are top of mind for Iowans. One topic that came up repeatedly was the ...

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 ...

With the recent increase of the 2026 federal estate and gift tax exemption to an unprecedented and astounding $15 million per person (a whopping $30 million for married couples), the necessity of ...

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 ...