Filing Deadline for 2010 Estates Extended

Just days after posting the updated Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return, the IRS issued Notice 2011-76 providing some relief for executors who are trying to make the difficult decision as to whether it would be better to pay estate tax or elect to take a transferred...

Filing Deadline for 2010 Estates Extended

Just days after posting the updated Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return, the IRS issued Notice 2011-76 providing some relief for executors who are trying to make the difficult decision as to whether it would be better to pay estate tax or elect to take a transferred...

Estate Portability Election Extended

As all estate practitioners are now aware, IRC Section 2010(c) permits the estate of a decedent who is survived by a spouse to make a portability election, permitting the surviving spouse to apply the decedent's unused exclusion to the surviving spouse's own transfers during life and at death...