[taxchat] Inherited Annuities

Recently there was a question concerning stepped up basis for an inherited annuity.  Do I recall correctly that someone said you could use a stepped up basis?  Is there a reference for this?

 

Thanks,
Larry Vaughn
"IN GOD WE TRUST!"
lvaughn@ftc-i.net

 

"A government which robs Peter to pay Paul can always depend on the support of Paul."  George Bernard Shaw

 

"The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery."  Winston Churchill

 

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