When the first spouse dies, the surviving spouse has roughly five years to claim what is, for most Florida professional families, the most valuable tax election on the planet. Most never hear about it. Here is what portability is, why Form 706 is the only way to lock it in, and the white-collar mistakes that quietly forfeit millions.
Estate Planning·
The $15 Million Decision Most Surviving Spouses Don't Know They Have to Make
When the first spouse dies, the surviving spouse has roughly five years to claim what is, for most Florida professional families, the most valuable tax election on the planet. Most never hear about it. Here is what portability is, why Form 706 is the only way to lock it in, and the white-collar mistakes that quietly forfeit millions.
By David A. Yergey III · Yergey & Yergey, P.A.
Yergey & Yergey, P.A. — Orlando, Florida
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