sjrcpa
Level 15

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.