Benefit from stepped-up basis by having my parents buy stock for me?
In the US, I believe that the following is true: If you die and leave stock to your heirs, you avoid some of the capital gains tax (and so do they).
If that’s true, then could I avoid some capital gains tax by doing the following?
1. I give my parents money.
2. My parents buy stock.
3. My parents give me the stock when they die.
Using Fluther
or