sjrcpa
Level 15
2 weeks ago
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Before the husband died, who owned it?
Everyone is assuming jointly owned and a 50% step up to wife, which would be correct in a noncommunity property state.
But if husband owned it, wife gets a 1000 100% step up.
The intestate reference made me wonder. If it was jointly owned, the intestate laws don't matter.
The more I know the more I don’t know.