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Estate tax in the United States - Wikipedia


The estate tax in the United States is a tax on the transfer of the estate of a deceased person. .... For a person dying during 2006, 2007, or 2008, the " applicable exclusion amount" is $2...

Estate Tax: Will Your Estate Have to Pay? | Nolo.com


For example, say a man dies and leaves $4 million to his widow; no estate tax is owed because property left to a spouse is tax-free. The widow then dies, leaving  ...

A Married Couple's Guide To Estate Planning - Forbes


Jan 9, 2013 ... Here's how these trusts work: When the first spouse dies, the trust is funded with up to the tax-free exemption amount. The trust distributes ...

Death in the Family - TurboTax Tax Tips & Videos


When a taxpayer dies, a new taxpaying entity – the taxpayer's estate – is born to .... spouse, which is available only for the tax year in which the spouse dies.

Tax Filing Status After Death Of Spouse: What Do I Do? | Bankrate.com


Jan 22, 2015 ... The tax-filing status after the death of a spouse is fairly straightforward. If your spouse dies during the year, the IRS considers you married for ...

Portability of a Deceased Spouse's Unused Exclusion ... - US Trust


unused estate tax exclusion (up to $5.25 million in 2013). This summary will (1) ... For those dying in 2011 and later, if a first-to-die spouse has not fully used the ...

A New Tax Break for Married Couples - WSJ


Jul 10, 2015 ... “Individuals and advisers need to be aware that they must act quickly after the first spouse dies,” says Laura Hirschfeld, an estate-tax lawyer at ...

Married Couples and the New Estate Tax — Investing Daily


Mar 20, 2013 ... The lifetime estate and gift tax exemption is indexed for inflation. But once a spouse dies, the amount of the unused exemption transferred to the ...

Taxes after the death of a spouse - MarketWatch


Feb 27, 2013 ... If your spouse died last year, it of course affects your 2012 federal income tax return. But there are other tax implications as well. Here are four ...

Estate Tax Tips for Married Couples - MarketWatch


Mar 18, 2011 ... For married couples, the $5.12 million federal estate tax exemption and ... die in 2012, you can leave everything to your spouse, including your ...

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The Surviving Spouse Estate Tax Trap - Forbes


Mar 25, 2015 ... Surviving spouses need to decide whether or not to file an estate tax ... The IRS initially gave relief to those who died in the first half of 2011.

Estate Taxation | ElderLawAnswers


The law permanently set the estate tax exemption at $5 million for an ... This means that if the first spouse to die does not use all of his or her $5.45 million ...

Estate Tax - IRS.gov


Oct 28, 2016 ... The Estate Tax is a tax on your right to transfer property at your death. ... expenses, property that passes to surviving spouses and qualified charities. ... dying in 2009; and $5,000,000 or more for decedent's dying in 2010 and ...