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Upon the death of the grantor of a revocable inter vivos trust, the trust assets receive: a. A carryover basis. b. A carryover basis with
Upon the death of the grantor of a revocable inter vivos trust, the trust assets receive:
a. A carryover basis.
b. A carryover basis with inclusion in the gross estate.
c. A step to FMV basis with inclusion in the gross estate.
d. A step to FMV basis with capital gain or loss income tax consequences.
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