Portability – A Dramatic Estate Tax Change

Recently enacted “portability’ provisions authorize estates of decedents dying in 2011 or later to elect to transfer their unused $5 million exemption from federal estate tax (increased for inflation) to a surviving spouse.  This new provision will be valuable in estate planning for moderately wealth as well as for wealthy taxpayers, but it is not as simple as it may seem.

 

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Employers’ Annual Checkup

Employers’ Annual Check Up By Nicholas Melito, of Meltzer Lippe’s Labor & Employment Practice Group Nicholas Melito is an attorney in Meltzer Lippe’s Labor