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:
“Life is a series of sensations connected to different states of consciousness.”
—Rémy De Gourmont (1858–1915)
“... there is a place in the United States for the Negro. They are real American citizens, and at home. They have fought and bled and died, like men, to make this country what it is. And if they have got to suffer and die, and be lynched, and tortured, and burned at the stake, I say they are at home.”
—Amanda Berry Smith (1837–1915)
“Today’s difference between Russia and the United States is that in Russia everybody takes everybody else for a spy, and in the United States everybody takes everybody else for a criminal.”
—Friedrich Dürrenmatt (1921–1990)