03-02-2018 16:01 via ocregister.com

How death can affect your taxes

I recently suggested that you get and keep your affairs in order, especially when you own real property. Death and taxes are real, and it’s best to be prepared for both.
Here’s an important step to take regarding the value of your home when your spouse, partner, joint tenant, or any other person on title to your property dies. You have the chance to do what’s called a “step up in value.”
Here’s what this means in today’s market.
As a married couple ownin
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