Sentence examples for law assets from inspiring English sources

Under Russian law, assets are normally split 50-50.

Under current law, assets held at least one year but less than five years are taxed at the 20percentt rate; under the terms of the House bill, assets held for one year would qualify for the 18 percent rate.

Finally, at your death (at least under current law), assets held in a taxable account get a step-up in basis, meaning your heirs will owe no capital gain tax on appreciation taking place in your lifetime.

But if you're getting on in years, you might never take those gains anyway: Under current (and likely future) estate tax law, assets passed on to your heirs get a "step-up" in basis to their market value at your death.

Under federal law, assets worth as little as $2,000 are subject to forfeiture, meaning it doesn't take a ridiculous display of wealth to become a target.

Depending local laws, assets may have to be sold according to a certain hierarchy.

Operation Broken Trust is a step in the right direction, yet it has produced a disappointing outcome for a crime-fighting crew of 20 federal agencies, 94 U.S. attorney's offices, plus a wide variety of state and local law enforcement assets.

Anti-corruption groups described the law on assets as limited.

Archbishop Vlazny said in his statement: "Under canon law, parish assets belong to the parish.

If not, then under California law, all assets are considered community property and must be divided equitably.

Under Minnesota law, his assets are likely to be split evenly among the siblings, tax attorney Steve Hopkins said.