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:
“How many ages hence
Shall this our lofty scene be acted over
In states unborn and accents yet unknown!”
—William Shakespeare (1564–1616)
“A little group of wilful men reflecting no opinion but their own have rendered the great Government of the United States helpless and contemptible.”
—Woodrow Wilson (1856–1924)
“Money is power, and in that government which pays all the public officers of the states will all political power be substantially concentrated.”
—Andrew Jackson (1767–1845)