In order to prevent the loss of husband’s $12.06 million exemption, a portability election must be made on a timely filed estate tax return for his death. This filing “ports” or transfers ...

But to use this strategy, the wife must file an estate tax return for the husband's estate even if no tax is due. The deadline is nine months after the date of death, but the estate's executor may ...

The trustee is responsible on behalf of an estate for filing an estate tax return if required and a final personal tax return, as well as paying any taxes owed. It's unlikely that most people will ...

If an investment makes sense as part of a diversified portfolio and can provide tax benefits, then it is a win-win. Real estate is one ... can be classified as a return of capital (ROC), which ...