per diem latin for per day or for each day is a daily allowance for expenses a specific amount of money an organization gives an individual often an employee per day to cover living expenses when traveling for worker diem latin for per day or for each day is a daily allowance for expenses a specific amount of money an organization gives an individual often an employee per day to cover living expenses when traveling for work
If there is no will and the estate is worth more than $50,000 (not including the homestead and certain non-probate assets), it may be necessary for a court to determine who the heirs according to Texas law are.exas Probate Courts apply intestate statutes when the decedent left no Will. Thus, if a person dies without a Will in Texas, their property will be distributed under Texas intestate law.
basis rules that will apply to property received from a decedent dying after December 31, 2009. The basis of the property in the hands of the person acquiring the property at the date of the decedentâs death will be the lesser of the decedentâs adjusted basis or the FMV on the decedentâs date of death. The executor can increase the basis of transferred property by $1.3 million (but cannot increase the basis of property in excess of its FMV). A spousal property basis increase of $3 million is also available, allowing the basis of property transferred to surviving spouses to be increased as much as $4.3 million. To the