States
In addition, community-property states frequently have forms of ownership that allow a full basis step-up on one's own share of community property on the death of a spouse (in addition to the normal step-up on spouse's assets).
Read more about this topic: Rights And Responsibilities Of Marriages In The United States
Famous quotes containing the word states:
“If the Soviet Union can give up the Brezhnev Doctrine for the Sinatra Doctrine, the United States can give up the James Monroe Doctrine for the Marilyn Monroe Doctrine: Let’s all go to bed wearing the perfume we like best.”
—Carlos Fuentes (b. 1928)
“I believe the citizens of Marion County and the United States want to have judges who have feelings and who are human beings.”
—Paula Lopossa, U.S. judge. As quoted in the New York Times, p. B9 (May 21, 1993)
“My opinion is that the Northern states will manage somehow to muddle through.”
—John Bright (1811–1889)