Portability: More Important Than Ever (80-Minute Audio)
Portability allows the estate of a decedent who is survived by a spouse to make an election to transfer the decedent's unused federal transfer tax exclusion. In this December 2022, 80-mimute program, Mr. Siegel gives a useful and comprehensive explanation of portability. Please see "Details" below for the many topics he covers.
Portability allows the estate of a decedent who is survived by a spouse to make an election to transfer the decedent's unused federal transfer tax exclusion. In this December 2022, 80-mimute program, Mr. Siegel gives a useful and comprehensive explanation of portability. Please see below for the many topics he covers.
Portability
- what it is; purpose
- availability
- DSUE
Election is required
- Rev. Proc. 2017-34
- Rev. Proc. 2022-32
- who makes it
- whether election should be made
How The DSUE is determined
Statute of limitations
Complete and properly prepared Form 706
- part 6
- schedule c
Form 709
Advantages and disadvantages of portability
Is the simple plan the better plan?
What to tell clients about planning
**NO CLE/MCLE CREDIT: This program does not qualify for CLE or MCLE credits and no applications will be made to any state for such accreditations. If you are looking for CLE/MCLE courses, please go to www.NLFcle.com (courses on Email Delivery, Flash Drive, CD and DVD) and www.NLFonline.com (online courses).
