On January 1, 2013, Congress passed the American Tax Relief Act of 2012 (“ATRA”), which President Obama signed on January 2, 2013. One of ATRA’s key provisions makes permanent the so-called ...

Welcome to Talking T&E for Advisors, where Trusts & Estates Editor in Chief Susan Lipp and Jamie Hopkins, chief wealth ...

In our last post we discussed what estate tax portability, made permanent by the American Tax Relief Act of 2012, does. This post gives an overview of what executors must do in order to elect ...

The estate tax "portability" provision, which was a part of the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, allows a surviving spouse to benefit from the unused ...

The American Taxpayer Relief Act of 2012 permanently established the concept of portability: availing a surviving spouse of a deceased spouse's lifetime exemptions for estate and gift taxes. In ...

Many of you have heard of the new Federal estate tax “portability” rule that allows a surviving spouse to effectively inherit any unused federal estate tax exemption of a predeceased spouse. An ...

Summary — In Estate of Rowland v. Commissioner, the Tax Court held that estate tax returns filed solely to elect portability must still be complete and properly prepared. Even when no estate tax is ...

(Dow Jones) A new tax break for spouses wealthy enough to worry about the estate tax seems to offer a huge benefit, but isn't perhaps as special as it seems at first glance. When Congress approved a ...

Bob Keebler’s The Portability Calculator, published by the Ultimate Estate Planner, is an Excel based tool (ThePortabilityCalculator_v.1.2014.xlsm) for computation of the federal estate tax ...

One of the most overlooked and misunderstood tax laws — available to married farming couples — is an opportunity called portability. When one spouse dies, the surviving spouse can make a portability ...

IMGCAP(1)]The legislation passed by Congress at the end of 2010 to extend the Bush tax rates for another two years is bad news for estate planning practitioners. Processing Content The Tax Relief, ...

More than 850 Palm Beach County homeowners who recently moved within the state are claiming a new portability tax break, but thousands more who could be eligible haven’t turned in their paperwork.