As discussed in a prior post, one of the helpful provisions recently added to federal estate tax law allows a surviving spouse to use any “leftover” or “unused” federal estate tax exclusion amount of a deceased spouse. The federal estate tax exclusion amount will increase to $5.34 million for 2014 (to be adjusted for inflation … Continue Reading
One of the helpful provisions recently added to federal estate tax law allows a surviving spouse to use any “leftover” or “unused” federal estate tax exclusion amount of a deceased spouse. The federal estate tax exclusion amount has been increased to $5,250,000 in 2013 (to be adjusted for inflation in future years), and many first-to-die … Continue Reading