There’s a powerful tax rule that can erase years of income tax liabilities—it’s called the Step Up in Basis. In this episode, we explain how it works, why it matters, and how it can save families thousands on appreciated assets like real estate, stocks, or cabins. You’ll learn how the rule resets asset values at death, why selling too soon can trigger unnecessary taxes, and how careful timing can make a major difference in estate planning. Clear examples and simple explanations make this complex rule easy to understand—and essential to know.