The portability of the lifetime estate and gift tax exemption amount between spouses was introduced in the 2010 tax law. But details of portability aren’t well-known, and misunderstandings can cost an ...

Wealthier Americans need to keep an eye on the federal estate tax exemption amount, which is an important factor in any ...

Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning. The Internal Revenue Code Section 6501 sets the framework for ...

Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning. Nov 30, 2024, 08:17pm EST Nov 30, 2024, 08:27pm EST Choosing a ...

Following the death of a loved one, there may be fear and uncertainty about what to expect. However, needs must be attended to on behalf of the deceased. Specifically, an estate executor must be ...

The Tax Court denied an estate’s claim of a deceased spousal unused exemption (DSUE) amount, holding that the decedent’s predeceased spouse’s estate did not make a valid portability election (i.e., an ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. When the first of two spouses dies the survivor can safeguard the ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Under a split-dollar life insurance arrangement, a third ...

(NewsNation) — A criminal defense attorney says the IRS will keep Ron Goldman’s family from seeing any of the money owed to them after O.J. Simpson’s estate executor agreed to a settlement. “The IRS ...