ProPublica's tax story
From TFA:<p>&gt; But even there either the heirs are withdrawing money to spend or they aren’t. If they are, it gets taxed.<p>Under current US tax law, the heirs are inheriting the assets on a &quot;stepped-up&quot; value basis, i.e., any gains realized BEFORE they inherited the assets are NEVER taxed.<p>The fact that this detail is not mentioned once in the article means that the author either is not as knowledgeable about finance as they present themselves, or they are, themselves, trying to sell a &quot;BS Tax Story&quot;.