About: watlandlawaz

The American Taxpayer Relief Act of 2012 created an opportunity for surviving spouses to plan to save Estate Taxes. The concept is commonly called “Portability” and requires some explanation. Decedents’ Estates are subject to a Federal Estate Tax. In 2016, Estate Taxes apply to the amount by which an Estate exceeds $5,450,000. $5,450,000 is the…