"Portability" and Your Estate Plan

Miller & Martin PLLC
Contact

“Have you heard about portability?” “What does it have to do with my estate plan?”

These are two questions we often hear from clients. “Portability” allows a widow or widower, in most cases, to add any unused estate tax “exemption” to his or her own estate tax exemption. The American Taxpayer Relief Tax Act of 2012 made this concept of portability between spouses permanent… well, at least as permanent as anything can be in the tax law. Fortunately, it doesn’t come with a built-in expiration date, like so many tax benefits do.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Miller & Martin PLLC

Written by:

Miller & Martin PLLC
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Miller & Martin PLLC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide