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2018 Tax Reform--No Changes to New Basis at Death for Capital Gains Tax

Attorney Thomas B. Burton explains some of the recent changes to estate, and gift taxes due to the tax reform passed by Congress at the end of December 2017. Attorney Burton also discusses how the rules regarding new basis at death, for capital gains tax purposes for assets left to your heirs at death have not changed, and why that is a good thing for you and your heirs. If you would like to submit a question for a future blog post, or ask a question about this topic, please contact my office.

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