Tax Mitigation: What Portability Can (and Can’t) Do for Your Estate Plan

Portability is the name for a concept that allows the surviving spouse of a decedent to inherit his or her estate and gift tax exemption. It means that a couple can pass up to $10.68 million in assets to their intended beneficiaries without having to set up a trust. If you already have an estate plan, it should not be considered permanent. Conditions, as well as your desires, may change. Find out if portability is right for your estate plan by downloading our free white paper.