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Is my basis of shares purchased by a family trust (after the grantor's death) the date the trust purchased the shares, or the date that the shares were distributed?
The trustee hired a firm to manage the trust, which bought several new investments in the 18 months that passed from time of death to the in-kind distribution. I had no access the to trust assets prior to distribution and dissolution of the trust.
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‎June 1, 2019
11:04 AM