growth index fund is up 11.87% since july 1st so on a $5 mil portfolio, that's a $593,500 capital gain. So possible...if it's a $5 mil portfolio. But (we also don't know how much of this is taxable brokerage and how much is Inherited IRA)...OP, When you inherit taxable accounts, you get a step-up in basis to the trading value of the stock on the day of the owner's death (who you inherited from) - so unless you are invested in something unreal, you shouldn't have that much in unrealized gains in your inherited taxable accounts
OP, nobody mentioned the Inherited IRA. You can switch those high cost actively managed US growth funds with NO tax implication if you switch to index funds inside the Inherited IRA. So do that. That's regardless of the taxable brokerage which you might have to spread out over a couple of years if you want to minimize taxes.
Statistics: Posted by arcticpineapplecorp. — Wed Oct 08, 2025 6:31 pm — Replies 11 — Views 671