The Little CPA

Generational Wealth

You can make an impact by passing your wealth on to the next generation and leaving a legacy for them.

black generational wealth

Inherited Property: What is Step-Up in Basis?

When it comes to inherited property, there can often be confusion about what happens next. In many cases, the property is passed down from one generation to the next on a “step up basis.” What is step-up in basis? And what are the implications for recipients of inherited property? To answer these questions, The Little […]

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