Portability –Preserving the Federal Estate Tax Exemption When Your Spouse Passes Away

Written by: Curtis D. Rindlisbacher, Esq. For 2015 the federal estate tax exemption if $5,430,000 per person. This exemption is indexed for inflation each year. This means a married couple can leave up to $10,680,000 to their intended non-charitable beneficiaries free from federal estate tax. Prior to portability, both exemptions could only be used if Read More