Word: inheritability
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Dates: during 1990-1999
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...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...
...anyone whom he or she beget shall inherit this legacy and so be guaranteedadmission, even unto the hundredth generation," heconcluded...
...first foray into behavioral genetics, published by the journal Science in 1993, ignited a furor that has yet to die down. According to Hamer and his colleagues, male homosexuality appeared to be linked to a stretch of DNA at the very tip of the X chromosome, the chromosome men inherit from their mothers. Three years later, in 1996, Hamer and his collaborators at NIH seconded an Israeli group's finding that linked a gene on chromosome 11 to the personality trait psychologists call novelty seeking. That same year Hamer's lab helped pinpoint another gene, this time on chromosome...
...organs like the kidney, the skin and also the brain. Thus, Hamer speculates, one version of the novelty-seeking gene may make a protein that is less efficient at absorbing dopamine. Since dopamine is the chemical that creates sensations of pleasure in response to intense experiences, people who inherit this gene might seek to stimulate its production by seeking out thrills...