December 3, 2018
CNBC interviewed Tax Principal Michael D’Addio about year-end giving to take advantage of the increased gift and estate tax exemption.
CNBC
By Darla Mercado
Excerpt:
“The estate will never be taxable at the federal level, and for that reason you don’t want to miss out on getting the step-up in basis,” said D’Addio… “You can hold the asset, your beneficiary gets the step-up in basis when you die, and still escape the estate tax,” he said.
