Term of the Day: Widow's Exemption

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	INVESTOPEDIA Term Of The Day August 23, 2015 Widow's Exemption In general terms, a widow's exemption refers to the amount that can be deducted from taxable income by a widow, thereby reducing her tax burden. In the U.S., it usually refers to the amount exempt from state inheritance taxes on a widow's share of her husband's estate. Since it is claimed as a deduction by the widow, it has the effect of reducing her inheritance taxes. Breaking It Down: Less frequently, the term may also apply to the amount of the property tax exemption offered to widows in... Read More Related to "Technical Analysis" Why Your Will Should Name Designated Beneficiaries You finally decided to buy that life insurance policy you've been putting off for years, or put some money into... Read More Ethical Wills Share Final Thoughts With Heirs Individuals usually provide for their heirs through the use of various types of trusts, life insurance, wills, designation of... Read More 6 Estate Planning Must-Haves Many people believe that having an estate plan simply means drafting a will or a trust. However, there is much more to include in... Read More Recently Added Definitions Cash Conversion Cycle - CCC The cash conversion cycle (CCC) is a metric that expresses the length of time, in days, that it takes for a company to convert... Read More Days Sales Of Inventory - DSI The days sales of inventory value, or DSI, is a financial measure of a company's performance that gives investors an idea of... Read More Related Definitions Beneficiary Estate Planning Intestate Single Net Lease Probate Past Terms of the Day Wedding Warrant Marlboro Friday Technical Analysis Too Big To Fail Heatmap You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: