Dynasty Tennessee Community Property Trust Capital Gains Tax Shield 2026

Model Tennessee Community Property Trusts (TCPT) obtaining a 100% full double step-up in basis on appreciated family assets upon the death of the first spouse, eliminating capital gains tax on subsequent sales.

Underwriting Assumptions

Original Cost Basis of Family Assets ($)

Current Appreciated Fair Market Value ($)

Blended Federal + State Capital Gains Rate (%)

Projected Economics

Immediate Capital Gains Tax Eliminated

New Stepped-Up Fair Market Basis

Post-Step-Up Sale Tax Liability