The first thing that we should point out about the estate tax is the fact that it is not applicable on transfers between spouses. If you are legally married in the eyes of the law, you can transfer unlimited assets to your spouse without incurring any estate tax liability.
Topics covered in this report include:
- Unlimited Marital Deduction
- Federal Estate Tax Deduction
- Federal Gift Tax
- State-Level Estate Tax
Click here to read the whole article or download the PDF.
As a partner in the law firm of Flood & Masiuk, LLC, Joseph Masiuk is committed to, a practice which provides people of all ages and walks of life with thoughtful and comprehensive solutions in Estate Planning, which includes Elder Care, Medicaid and Special Needs Planning.
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