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The replacement cost method measures the value of unpaid domestic work by calculating the monetary cost of purchasing that service instead. [5] For example, to value unpaid child care, look at the cost of hiring a nanny, or to value the cost of cooking a meal, look at the cost of eating a similar meal at a restaurant. [5]
A stepped-up basis can be higher than the before-death cost basis, which is the benefactor's purchase price for the asset, adjusted for improvements or losses. Because taxable capital-gain income is the selling price minus the basis, a high stepped-up basis can greatly reduce the beneficiary's taxable capital-gain income if the beneficiary ...
A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...
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The cost of transfer taxes varies by location and is based on the sale price of the property being transferred. ... A $500,000 home sale might incur just $50 in transfer taxes in Colorado, where ...
Lenore Weitzman's 1985 book The Divorce Revolution, using data from California in 1977-78, reported that one year after divorce, the standard of living for women declined 73%, compared with an increase of 42% for men. Richard Peterson calls Weitzman's methodology into question, using the same data to calculate a 27% decrease for women and a 10% ...
Did you ever wonder if those ads for a sexy housekeeper, perhaps dressed as a French maid, are for real?I can tell you that some of them are. My name is Nickie, and I was a sexy housekeeper. I ...
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
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