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  • 24-05-2024
  • Business
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Upon the death of the grantor of a revocable inter vivos trust, the trust assets receive:
a) A step-to FMV basis with capital gain or loss income tax consequences.
b) A carry over basis with inclusion in the gross estate.
c) A carry over basis.
d) A step-to FMV basis with inclusion in the gross estate.

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