I’m 76 and lost $200,000 in shares when a company went bankrupt. How do I minimize this capital loss?

Dear Tax Guy,

I am 76 and have more than $200,000 in capital losses, which are mostly from inherited stock in a company that went bankrupt years ago. I will never be able to use up the capital losses during my retired lifetime, and will only be able to apply $3,000 per year on my taxes.

I have enough in retirement funds, over $500,000,…