Word: inherit
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...then one day, just before a military victory and just after settling the question of whether daughters could inherit if there were no sons (yes), God matter-of-factly instructs Moses: "Ascend these heights of Abarim...and view the land of Canaan which I am giving the Israelites as their holding." When Moses has seen the Promised Land, God says, he will perish. Moses immediately acquiesces: "Let the Lord, source of the breath of all flesh, appoint someone [else] over the community." His later recollection in Deuteronomy, however, is "I pleaded with the Lord at that time, saying...
Should Harvard--an institution founded on the principle that one can only serve one's country after having "Enter[ed] to Grow in Wisdom"--honor Margaret Thatcher? It is said in the Bible that he who causes discord in his own house shall inherit the wind. The void of vision in Britain now, backed by legions of unimpressive Tory and Labor back-benchers unable to deal with the mess she has made, is, in the end, Thatcher's only legacy to the British people...
...Royce -- or at least the name Rolls-Royce. Under the deal (finalized after Volkswagen tried and failed to acquire the name itself), BMW will build its own factory by 2002 to produce the cars. Volkswagen will get to use the Rolls name for free until then, after which it inherit the old Rolls-Royce factory, where it will make Bentleys...
...house as long as you like. Another catch is that you have to live the full term. Die early, and it's like the trust never existed. It works best for a vacation home because you're not parting with the house you live in and because heirs inherit the house at a low cost. And if they sell, they face a whopping capital-gains tax. Still, without the trust, estate taxes would claim an even bigger bite...
Whenever Congress writes new tax laws, it makes mistakes. Usually they get fixed. But when such an error granted a windfall to those who inherit estates worth more than $17 million a year, Rep. Bill Archer (R., Texas), chairman of the Ways and Means Committee, made sure that provision stayed just as it was. His action will save about $200,000 each for a few hundred heirs each year. Cost to the Treasury: $880 million over 10 years. If you're one of the lucky few, you can call to thank Archer...