Serving Queen Creek, Gilbert, Mesa, San Tan and the entire East Valley
Portability allows spouses to combine their exemption from estate and gift tax. This allows a surviving spouse to use the unused estate tax emption of the deceased spouse.
Avoidance of estate taxes is one consideration in estate planning.
For most people, entering the realm of estate planning can feel a bit like traveling as a tourist into another culture. Because the language itself is unfamiliar, asking a question can result in an answer that is equally confusing.
However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.
What happens when all of a corpse’s money is in his cold wallet?