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Why is it generally undesirable to pass property by death when its fair market value is less than basis?
Personal Probability
An individual's subjective measure of the likelihood that an event will happen.
Attorney
A professional who is qualified to offer advice about the law or represent someone in legal matters.
Age at Retirement
The specific age at which an individual ceases full-time work and formally enters retirement, varying by personal choice, company policy, or statutory requirements.
Joint Frequency Distribution
A statistical method that shows the frequency of two variables occurring simultaneously within a dataset, often visualized in a table format.
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