Do investment assets get a step-up in basis if SOLD in the Estate prior to distrib to beneficiaries?

[BobbiCycle]

Although I know that assets TRANSFERRED to beneficiaries will get the Step-Up basis at decedent's date of death .... "Do investments/assets get a step-up in basis if SOLD in the Estate prior to distrib to beneficiaries?

[IRonMaN]

Yup

[Accountant-Man · Accepted solution]

Yep.

[jeffmcpa2010]

Step up occurs (essentially) right after death, whether it goes into an Estate or direct to beneficiary doesn't matter in the cases I have been involved in.

[BobbiCycle]

Thanks Jeff!  I appreciate your reply.  I researched my question (... and did a lot of reading) but couldn't find the answer on my own.  Take care, Bobbi