Andrew, age 99, holds some stock purchased many years ago for $10,000 which is now...
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Accounting
Andrew, age 99, holds some stock purchased many years ago for $10,000 which is now worth $100,000. He is trying to plan for the eventual disposition fo this stock. Andrew's only remaining family member is his grandson. For income tax purposes, Andrew should
A. gift the stock to his grandson
B. leave the stock to his grandson as an inheritance.
C. sell the stock and gift the proceeds to his grandson .
D. All of the above will result in the same income tax consequences
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