Definition of’Step-Up’ in Basis and others

Here is a good definition on wikipedia of the ‘Step-Up- in basis:

Here is a link of the Taxpayer Relief Act of 1997:

Here is a good article titled Community Property with Right of Survivorship: . It talks about what the law is, how the ‘Step-Up’ is involved, the difference between community property states like California and non-community property states and the benefits California residents receives because it is a Community property state.  There are some examples to help the reader understand the differences. 


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