Stepped up basis of Residence Property

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Does the double stepped up capital gains exemption basis of our home ($500,000), owned as JTWROS, carry over to the beneficiaries, of a living trust, if neither my wife nor myself sell the home, prior to the deaths of both of us?
 
Does the double stepped up capital gains exemption basis of our home ($500,000), owned as JTWROS, carry over to the beneficiaries, of a living trust, if neither my wife nor myself sell the home, prior to the deaths of both of us?

For information that is specific to you, and requires more than a yes or no answer, you should consult your CPA or tax attorney.
 
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