Introduction to the Estate Tax
10:57
YouTubeEdspira
Introduction to the Estate Tax
This video introduces the viewer to the estate tax. The video explains what the estate tax is and provides an example to illustrate how the estate tax is calculated in the United States. — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a ...
16.2K viewsMar 20, 2015
Estate tax in the United States Estate Tax Explained
Estate tax in the United States - Alchetron, the free social encyclopedia
Estate tax in the United States - Alchetron, the free social encyclopedia
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Portability allows a surviving spouse to inherit any unused federal estate tax exemption from their deceased spouse. This helps protect transferred assets from estate and gift taxes when the surviving spouse later transfers them. By electing portability, couples can double their estate tax exemptions, but it must be elected through a timely filed IRS Form 706. Without taking the step to elect portability, valuable exemptions are lost! 🙅 Portability offers flexibility but does not negate the nee
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