2010, as part of the Job Creation Act, Congress allowed a surviving spouse to utilize a previously deceased spouse’s unused…
The federal tax code (the “Code”) offers several benefits (and a few burdens) to married couples. In 1996, the United…
Beginning in the 2014 tax year, when a taxpayer’s Adjusted Gross Income (“AGI”) exceeds a threshold amount, the taxpayer will…
For a long time, estate planners have been focused primarily on the transfer taxes (estate, gift and generation skipping), while…