diary:2024-04:2024-04-22 []

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==== 2024-04-22 ====
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Notes from https://www.barrons.com/amp/articles/inheritance-tax-charity-donation-mistake-37f90b04
  * Stocks, real property, collectibles, businesses, and cryptocurrencies, are stepped up to their value on the day of the owner’s death.
  * retirement accounts and tax-deferred annuities, aren’t stepped up in value.
  * If you want to give some assets to charity, you should first donate the assets that don’t get stepped up in value at your death.
  * Parents can avoid probate and retain step-up for their heirs by creating a revocable trust for their real estate
    * Upon death, the trustees—presumably the children—can take control of the house without going through probate, but they won’t owe taxes on its previous capital gain.
    * They will, however, need to get the home appraised to establish its value at the “date of demise.”

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  * https://en.wikipedia.org/wiki/XZ_Utils_backdoor - XZ Utils backdoor
    * Someone called Jia Tan spent ~3 years to gain access to a position of trust within the xz project in order to put in a backdoor.

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