“Basis” – What Is It And Why Does It Matter?

January 16, 2024
Slide with the title BASIS - WHAT IS IT AND WHY DOES IT MATTER? featuring a professional headshot of a person. Below is the name Abbey Flaum, J.D., LL.M., with the title Principal & Family Wealth Strategist. Homrich Berg Wealth Management logo included.

In this short video, Abbey Flaum explains the term “basis” when referring to an asset. It is important to understand this term and how it will affect your assets and assets that will get passed through your will.

Learn more here: https://youtu.be/SVBKWvSzO0s?si=uGeVQ44UcNVK4YGT

Abbey Flaum

Abbey Flaum, J.D., LL.M.

Principal & Family Wealth Strategist

Abbey joined Homrich Berg after 16 years of law practice devoted to estate, gift and charitable planning, probate, trust and estate administration, pre/post-marital planning and business succession planning. As a Principal in the HB Family Office Division, Managing Director - Family Wealth Strategist for Homrich Berg, Abbey serves as our Family Wealth Strategist applying the company's holistic approach to each client's planning, and she provides clients with ongoing, personalized guidance on tax-efficient wealth, business and estate planning strategies.

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