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Stepped-Up Basis Rules: Consider Strategic Asset Swaps Before Death

global Tax

Stepped-Up Basis Rules: Consider Strategic Asset Swaps Before Death

Highly appreciated assets can create a significant capital gains tax burden for the beneficiaries of your irrevocable trusts, but careful estate planning may help reduce it. Learn how stepped-up basis rules work, why asset ownership matters, and how strategic asset swaps may preserve valuable tax benefits for future generations.

By Mitchell Halpern, JD October 20, 2026