If I don't need the money I would rather pass on the good cards to my daughter and let her take advantage of the step-up in basis (assuming it still exists) rather than my paying taxes on the gains. I do plan to liquidate the bulk/crap as I get older, mostly because I find dealing to be an enjoyable business venture and if I am lucky enough to be able to retire from law it will fill the days nicely. Plus, i can take business trips to exotic locales every August: Cleveland, Atlantic City, Rosemont, maybe even Baltimore some day. It's the stuff dreams are made of...very small dreams.
Last edited by Exhibitman; 01-22-2023 at 09:48 PM.
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