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Monthly Archives: January 1996

Planning to Preserve the Advantages of Community Property

By Gerald B. Treacy, Jr.

Originally Published in Estate Planning, January, 1996

When clients move from a community property state to a common law jurisdiction, it is crucial to plan for the community assets in order to preserve the “double” step-up in basis at the first spouse’s death. The community property character of assets of spouses moving from a community property state is not shed at the […]

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