If a Husband Inherits His Deceased Wife's Share of Jointly

question 30

True/False

If a husband inherits his deceased wife's share of jointly owned property in a common law state, both the husband's original share and the share inherited from the deceased wife are stepped-up or down to the fair market value at the date of the wife's death.

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Definitions:

Culturally Appropriate

Ensuring that behaviors, practices, or interventions are respectful of and relevant to the cultural backgrounds of the people involved.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Rapport

A harmonious relationship in which people or groups concerned understand each other's feelings or ideas and communicate well.

Mutual Confidence

The shared belief in the reliability, truth, ability, or strength of each other within a relationship.