Capital gains question;
My parents bought stock at $100,000 and now it has increased to $150,000 for an increase of $50,000. If they leave the entire $150K to me in their Will, how is the capital gains figured. Is it paid for by the Estate before money is disbursed? What if I don’t want to cash the stock in, can I pay the gains when I do sell it? Do I even need to pay capital gains since I will pay inheritance tax anyhow? Help
Jouneyman