 Now, what if you're inheriting like a brokerage account or just individual stocks or mutual funds that maybe your parents owned or you inherit from somebody? Well, under current law, you get what's called a step-up in cost basis. So quickly put, if somebody paid $10 for a stock back in the year 2000 and it's worth $100 today, there's $90 of growth. Under current law, when that person passes away, the owner of that stock passes away,