Tag Archives: Inheritance tax

Should Your Children Wait for Their Inheritance?


Typically, our children are in the greatest financial need at the time they are raising a family.  But if we expect to see our grandchildren grow, the inheritance we plan to leave for our children won’t be available until after … Continue reading

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The Pitfalls of Portability


This year and next, a decedent can transfer his or her Personal Federal Estate Tax Exemption to his or her spouse.  This power to transfer, often referred to “spousal portability,” allows couples to protect a significantly larger chunk of their … Continue reading

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DOMA and Estate Planning for Gay Couples


Last week, President Obama ordered the Department of Justice to stop defending the Defense of Marriage Act, the Federal law banning recognition of same-sex marriages.  However, for the time being, same-sex married couples should not change their estate plans or … Continue reading

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The Not-So-Personal Estate Tax Exemption


Since Congress once again changed the personal estate tax exemption in December of 2010, many of my clients have been confused about what portion of their estates would be subject to Federal estate tax.  Here are the basics: $5 Million … Continue reading

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