Decedent

Some articles on decedent:

Schlemmer V. Buffalo, R. & P. R. Co. - Opinion of The Court
... The court reversed the grant of nonsuit, holding that the decedent had not assumed the risk ... Thus, under § 8 of the act, the decedent could not be deemed to have assumed the risk of the injury or death ... court alternatively indicated that, even if assumption of risk did not apply, the decedent was guilty of contributory negligence, such statement ran afoul of the Act because the state court was ...
Decedent Directive
... A Decedent Directive is a legal document that provides for an individual to express their wishes and assist the bereaved in decision-making processes following the individual's death ... The decedent directive is endorsed by the Institute on Religious Deathcare and Spiritual Healing, and is a pertinent tool to protect the rights of the ...
Stepped-up Basis - General Rule
... value of the property at the time the decedent dies ... For example, Decedent owns a home they originally purchased for $35,000 ... On the day Decedent dies, the fair market value of the home is $200,000 ...
Rationale For Stepped-up Basis
... basis rule under IRC § 1014 is to avoid the difficulty of ascertaining a decedent's adjusted basis in property that could have been held for decades ... A second theory is that a decedent is not likely trying to evade taxes by passing property at death, so mandating carryover basis, which would preserve the gain in the beneficiary ... tax based on capital assets' values as of a decedent's date of death, while also receiving capital gains tax when such assets are sold by an estate or ...
Sanguinity - Legal Definitions - Modern Secular Law
... If there are no children, the decedent's parent(s) receive the remainder of the estate ... If there are neither descendants nor parents, the decedent's estate is distributed to descendants of the decedent's parents (again, depending on the circumstances, brothers and sisters, nieces and nephews, grand ... of parents, then the deceased's property passes to descendants of the grandparents of the decedent (uncles and aunts, first cousins, or first cousins ...