'Portable' Exemptions Would Cut Estate Taxes
NEW YORK (TheStreet) -- Members of Congress and the Obama administration are on record as favoring making certain estate-tax exemptions "portable" between husbands and wives. This would help to level the playing field between those who have estate plans and those who don't. Two important estate-tax deductions are the marital deduction and the exemption equivalent. The marital deduction is ...
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