The passing of a loved one can create a lot of financial complexity, but a step up in basis can help reduce a beneficiary’s financial burden.
NFTs
Do NFTs Get a Step-Up in Cost Basis at Death?
Both property and real estate, which are what an NFT can fall under, are eligible for a step up in basis at the date of death.
A (Somewhat) Plain English Introduction to Cryptocurrency and Blockchain
The rise of Bitcoin and Dogecoin in 2021 has catapulted the conversation on crypto. Here’s a good place to start if you’re new to the sphere or want a better idea of what’s going on.