Posts Tagged: Estate Tax Law

Much has been written about the estate tax law changes that provide higher exemption amounts and portability. For most people, estate planning has been greatly simplified, but in several situations, planning issues remain. Current law imposes estate tax on wealth transfer exceeding a person's “exemption amount.” Portability allows a widowed spouse access to any unused exemption amount belonging to their deceased spouse. If a widow(er) remarries, however, this exemption...

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