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Re: cassiecasa post# 636999

Friday, 10/23/2020 8:17:26 PM

Friday, October 23, 2020 8:17:26 PM

Post# of 734492
If the escrow shares are in your account then make sure you have the historical record at the date of death since that will be your cost basis for tax purposes. But your escrow shares will have a zero value which will equates to your cost basis. There is nothing you can do until distributions are made to the escrow holders which could trigger a taxable event. Such information will be made available to you through your brokerage as to the nature of the distribution during tax time. Note your escrow markers is likely be active for a long time to come.
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