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Recent content by stfein

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

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    Will I lose the benefit of a stepped-up basis?

    What is the name of your state?What is the name of your state? MO I am considering quit claim deeding my ownership interest out of my name and into a limited liability company (LLC) that I have set up. My wife and kid will inherit from me should I drop dead. How is the cost basis treated if I...
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    Stfein

    Stepped up basis lost with LLC? What is the name of your state? MO, NY & AZ I own real estate in all 3 states. I am considering quit claim deeding my ownership interest out of my name and into a limited liability company (LLC) that I have set up. My wife and kid will inherit from me should I...
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    All lawyers talk me out of having a trust

    What is the name of your state?undefinedWhat is the name of your state?NY I have talked with 4 different estate planning lawyers in NYC & each has told me, "you don't need a trust, probate is pretty simple in NY". What's the deal? I know lawyers make a bundle of dough by probating wills &...
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    Time Limit For Stepped-up Basis?

    What is the name of your state?:cool: NY My sister & I inherited our mother's house recently. I know that we will have a stepped-up basis should we decide to sell. The question is: Does that stepped-up basis expire after a certain period of time or is it good for as long as we are on title...
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