Portability of Exemptions
4 Pages Posted: 5 May 2008
Portability of estate tax exemptions has been called the best estate tax planning idea for a surviving spouse since the unlimited marital deduction in 1981. This article explains portability, including the recent Senate testimony urging its adoption.
Keywords: portability, estate tax, exemptions, bypass trust, credit shelter trust, marital deduction, generation skipping transfer tax
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