Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Industry Spotlight > Women in Wealth

The Perils of Portability

Your article was successfully shared with the contacts you provided.

The new Portability provision of the 2010 Tax Act allows married couples to transfer a collective $10 million estate with more flexibility with respect to timing–but there has to be a catch. In fact, there are several. Portability may encourage procrastination rather than planning. There are transfer taxes at the state level to consider, as well as Medicaid. And Congress is always a wild card.

Click to read the full text of “The Perils of Portability” from our partners at Wealth Strategies Journal.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.