Best Way To Leave $ To Your Heirs

How do you leave assets to your heirs? Should you leave your growth assets to them via a 401k or IRA?

NO! You shouldn’t do that. Why not?

Because while the growth assets may grow, and may grow nicely, there is thing called the IRS that has a lien on that property. The IRS will inherit a significant portion of the growth you get in your IRA upon your passing.

However, if you leave growth stocks to your heirs OUTSIDE your IRA/401k upon your passing, your heirs will receive them TAX FREE due to what is called the STEP UP IN BASIS.

THus, would you rather your heirs inherit $100k tax free, or $100k taxable to them as ordinary income?

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