A generation plans for largest transfer of wealth in modern history
George Miller, vice president for institutional advancement at Southern College of Optometry, poses for a portrait outside his campus in the Memphis Medical District, July 23, 2021. Miller said he is seeing an increase in gifts to SCO in estate plans people are working on. (Patrick Lantrip/Daily Memphian)
Financial advisers say possible changes to the stepped-up basis on inherited property could impact wealth transfer more than other proposals being considered.
Topics
wealth transfer taxation Inheritance Subscriber Only2025 is almost over. Now is the time to support your trusted local news source.
Will you help us reach more Memphians with quality, in-depth local news? Make a fully tax-deductible donation or other contribution to The Daily Memphian, a 501(c)3 nonprofit news organization, today.
Thank you for keeping up with what’s happening in Memphis. Thank you for investing in our community’s trusted local news source.
Christin Yates
Christin Yates is a native Memphian who has worked in PR and copywriting since 2007. She earned her B.S. in public relations and M.S. in mass communications from Murray State University.
Comments
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.