What is the 'step-up in basis' rule and how does it benefit heirs?
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A
It increases the cost basis of inherited assets to their fair market value at the date of the decedent's death, eliminating built-in gains
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B
It allows heirs to defer capital gains for 10 years
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C
It reduces the estate tax by stepping up the taxable value
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D
It provides a 50% exclusion on inherited asset gains