{"id":930,"date":"2021-08-26T04:59:00","date_gmt":"2021-08-26T08:59:00","guid":{"rendered":"https:\/\/actec.matrixdev.net\/?post_type=video&p=930"},"modified":"2023-11-13T13:52:27","modified_gmt":"2023-11-13T18:52:27","slug":"what-is-portability-for-estate-and-gift-tax","status":"publish","type":"video","link":"https:\/\/actec.matrixdev.net\/resource-center\/video\/what-is-portability-for-estate-and-gift-tax\/","title":{"rendered":"What is Portability for Estate and Gift Tax?"},"content":{"rendered":"\n
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Portability of estate and gift tax allows a surviving spouse to inherit any unused portion of their deceased spouse’s estate and gift tax exemption. This means that if one spouse doesn’t use up their full exemption, the surviving spouse can effectively double their exemption amount when it comes to their estate tax liability.<\/p>\n\n\n\n

ACTEC Fellows\u00a0Jean Gordon Carter<\/a>\u00a0and\u00a0Stephen W. Murphy<\/a>\u00a0discuss the ins and outs of portability, its flexibility and limitations, and what to consider before electing to use it.<\/p>\n<\/div>\n\n\n\n

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\"\"<\/a>
Jean Gordon Carter<\/figcaption><\/figure>\n<\/div>\n\n\n\n
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\"\"<\/a>
Stephen W. Murphy<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

An explanation of the portability of the estate and gift tax exemption and what to consider if electing to use it. 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