But for tax purposes the entire property will be included in the estate of the first to die, which could trigger state or even federal estate taxes on the whole property.
Look no further than Laika, the first animal to orbit Earth, soon becoming the first animal to die in orbit, not too long after achieving that earlier distinction.
The just-enacted tax act includes a provision to help save the exemption equivalent of the first spouse to die.
This sentimental approach can undermine a common trust strategy designed to preserve the estate tax exemption of the first spouse to die without leaving the survivor short of funds.
It aimed to preserve the estate-tax exemption of the first spouse to die, while making sure the survivor had enough to live on.
The standard plan in this asset range aims to preserve the estate-tax exemption of the first spouse to die, while making sure the survivor has enough to live on.
The last time the surtax was around, some couples tried to plan around it by having some assets taxed in the estate of the first spouse to die and some taxed in the estate of the second spouse to die, says Kaufman.
He is the first athlete to die from injuries sustained during an X Games competition.
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Sigitas Juozapaitis, 54, was the first man to die crossing the Chichester bypass, on 2 December.
In such an estate plan, there is no estate tax at the death of the first spouse to die.
The first person to die in the Revolutionary War is buried not far from here, a black man from Barbados, named Crispus Attucks.
The Zambian national, based in London, is the first boxer to die after a fight in the UK since bantamweight James Murray in 1995.
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The exemption equivalent of the first spouse to die is wasted.
Unfortunately, this doesn't work well if the first spouse to die doesn't have enough of the right kind of assets in his own name to fill the trust.
The first British women to die in action was Cpl Sarah Bryant, 26, from Cumbria, in June 2008.
Former docker Reg Crew is thought to have been the first British person to have travelled to die at Dignitas in January 2003.
No longer will IRA owners have to guess who will die first, husband or wife, to reap the maximum IRA shelter.
From the hardcore gamer fragging an opponent on a first person shooter to a die-hard MOBA or MMO player engaging with thousands of players online, gamers can get a competitive advantage from excellent audio quality and positional accuracy.
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He had no doubt the cigarette companies would be only too glad to see him die first, but he was damned if he was going to give them that satisfaction.
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Mark Vecchione of Eastham, Massachusetts became the first soldier from Cape Cod to die in combat in Iraq.
The first President's wife to die in the White House, Letitia Tyler ended her days peacefully on September 10, 1842, holding a damask rose in her hand.
He said he believes that the officer was the first female Afghan police officer to die in the line of duty since the fall of the Taliban in 2001.
But Benedict was the first Pope to resign rather than die in office for hundreds of years, giving more prior warning than usual of the need for a conclave to be held.
Earlier this month, Judy Dominguez Trunnell became the first U.S. resident to die from complications of the H1N1 flu.
Babies born to working-class mothers were twice as likely to die before their first birthday as those with middle-class parents.
LifeSharers is a non-profit network of organ donors who agree to offer their organs first to other organ donors when they die.
Unfortunately for the divorced Mr Blunkett, the job also fitted neatly with stories about his private life that have refused to die since he first resigned.
The body of Nathan Chapman, the first U.S. soldier to die by enemy fire in Afghanistan, will return to his home in Fort Lewis, Washington, this week.
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