Can ‘Portability’ Simplify Your Estate Planning?

 New estate tax laws1 allow a surviving spouse to elect ‘portability’ and carry forward the Deceased Spousal Unused Exclusion Amount- known as the DSUEA. For estates over $5 million in assets, leaving everything to the survivor and relying on “portability” offers simplicity, and the opportunity for another basis adjustment (hopefully a “step up”) at the […]