Examlex
As a matter of administrative convenience, the IRS would prefer to have Congress increase (rather than decrease) the amount of the standard deduction allowed to individual taxpayers.
Joint Tenants
Co-owners of property who have equal shares and rights in the property, with a right of survivorship.
Right Of Survivorship
A legal concept where property automatically transfers to the surviving co-owner(s) upon the death of another co-owner.
Civil Suit
A legal proceeding in which one party seeks to hold another party liable for a wrong done, usually resolved with compensation rather than criminal sanctions.
Uniform Simultaneous Death Act
A legal statute used to determine inheritance when two or more people die at the same time or under circumstances where the order of death is unclear.
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