USA Tax Implications of Selling Stock in an Estate

Sep 19, 2018
Reaction score
United States
As executor of my aunt's estate (Georgia), I need to decide whether to liquidate her stocks ($250,000+ total value of various stocks) and distribute cash or distribute the stocks directly. With three beneficiaries it would be easier to liquidate, but I want to be mindful of tax implications. I know the beneficiaries get a step up basis if I distribute the stock directly and they won't pay capital gains until they sell the stock. Will the estate also get a step up basis? What kind of capital gains tax would the estate be looking at paying? What other tax implications should I be considering in this decision?


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question