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:
“The traveler to the United States will do well ... to prepare himself for the class-consciousness of the natives. This differs from the already familiar English version in being more extreme and based more firmly on the conviction that the class to which the speaker belongs is inherently superior to all others.”
—John Kenneth Galbraith (b. 1908)
“fundamentally an organism has conscious mental states if and only if there is something that it is like to be that organism—something it is like for the organism.”
—Thomas Nagel (b. 1938)
“How many people in the United States do you think will be willing to go to war to free Estonia, Latvia, and Lithuania?”
—Franklin D. Roosevelt (1882–1945)