Liz Weston: How will I know cost basis for capital gains purposes when I sell my deceased dad’s stocks?

To Liz, please:My father’s brokerage account benefits me. The brokerage firm canceled his account after he passed away and moved all of the stocks to a new account for me.

When I sell the stocks, how will I be able to determine the cost basis for capital gains purposes?

More advice

See also  Update: South Central Oregon Coast under a frost advisory until Sunday morning

Leave a Reply

Your email address will not be published. Required fields are marked *