The step-up in basis reduces the capital gains tax on inherited assets. It is an effective way to preserve an inheritance and save money.
Since 2008, Britney Spears has been under a conservatorship managed mostly by her father. Thanks to the “Free Britney Spears” campaign started by her fans everyone knows about her case. But most people do not know what a conservatorship is and what it does. To give you a better understanding, we are going to discuss the Britney Spears conservatorship. Let’s begin.
Turning eighteen is a special time in life. High school graduation, new job, and possibly college. While your son or daughter may still seem like a “child” to you, turning eighteen brings about many legal changes for your newly-minted adult. But, there are some things that parents of 18 year olds must know. Parents of …