Siu is considering giving her son stock in Ace Corporation or Gold Corporation. Each has a current

Question:

Siu is considering giving her son stock in Ace or Gold Each has a current FMV of $500,000, and each has the same estimated future appreciation rate. Siu’s basis in the Ace stock is $100,000, and her basis in the Gold stock is $450,000. Assume Siu has total assets of $7 million. Which stock would you suggest that she give away and why, or does it make any difference?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...