|  
                   Understanding the Cost Basis with Mutual Funds  
                   A few years back George Saenz published an  article for Bank Rate in which he addressed getting a better perspective of mutual  funds.  Saenz said, “In most cases when  you die, the basis of your assets for purposes of calculating future gain or  loss on their sale becomes the value at the date of your death. The holding  period for calculating gain or loss is considered long term for inherited  property.  
 |