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The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
United States v. Windsor, 570 U.S. 744 (2013), is a landmark United States Supreme Court civil rights case [1] [2] [3] concerning same-sex marriage.The Court held that Section 3 of the Defense of Marriage Act (DOMA), which denied federal recognition of same-sex marriages, was a violation of the Due Process Clause of the Fifth Amendment.
The U.S. federal estate and gift tax marital deduction is only available if the surviving spouse is a U.S. citizen. For a surviving spouse who is not a U.S. citizen, a bequest through a Qualified Domestic Trust defers estate tax until the principal is distributed by the trustee, a U.S. citizen or corporation who also withholds the estate tax.
The participation system is hybrid matrimonial regime with separation of property during the marriage, along with a right of each spouse to participate in a percentage of profits from acquests (property acquired during marriage) at the time of marital dissolution. In Germany, it was introduced with the Equality Act of 1957.
The first legally-recognized same-sex marriage occurred in Minneapolis, [3] Minnesota, in 1971. [4] On June 26, 2015, in the case of Obergefell v. Hodges, the Supreme Court overturned Baker v. Nelson and ruled that marriage is a fundamental right guaranteed to all citizens, and thus legalized same-sex marriage nationwide.
A life insurance exclusion is a situation or circumstance that prevents your beneficiaries from receiving your death benefit. Essentially, it means that certain causes of death are not covered by ...
Christian Richard, Christine Quinn. Axelle/Bauer-Griffin/FilmMagic Christine Quinn’s husband, Christian Richard, has filed for divorce after two years of marriage, Us Weekly can confirm. Richard ...
Windsor was required to pay $363,053 in federal estate taxes on her inheritance of her wife's estate. [4] [20] Had federal law recognized the validity of their marriage, Windsor would have qualified for an unlimited spousal deduction and paid no federal estate taxes. [5] [32] [33]