Portability election

Internal Links (15 unique, foundational finance terms relevant to the article):

Federal estate tax
Tax exemption
Surviving spouse
Deceased spouse
Gross estate
Taxable estate
Estate planning
Gift tax
Generation-skipping transfer tax
Probate
Marital deduction
Unified credit
Will
Beneficiaries
Decedent

External Links:

IRS Instructions for Form 706: https://www.irs.gov/forms-pubs/about-form-706
Federal Register - Portability of a Deceased Spousal Unused Exclusion Amount: https://www.federalregister.gov/documents/2015/06/16/2015-14431/portability-of-a-deceased-spousal-unused-exclusion-amount
Charles Schwab - How Portability Helps Couples Reduce Estate Taxes: https://www.schwab.com/wealth-management/estate-planning/portability
ATA Journal of Legal Tax Research - Planning to Minimize the Risks and Maximize the Rewards of the Estate Portability Election: https://meridian.allenpress.com/jltr/article-abstract/13/2/65/22210/Planning-to-Minimize-the-Risks-and-Maximize-the[¹](https://www.henssler.com/minimize-a-surviving-spouses-estate-tax-the-benefits-of-the-portability-election/)[²](https://boulaygroup.com/portability-powers-and-pitfalls-what-you-need-to-know-about-estate-planning/)[³](https://www.thetaxadviser.com/issues/2022/nov/updated-simplified-method-for-estate-portability-elections/)[⁴](https://www.irs.gov/instructions/i706)[⁵](https://www.henssler.com/minimize-a-surviving-spouses-estate-tax-the-benefits-of-the-portability-election/)[⁶](https://www.irs.gov/instructions/i706)[⁷](https://spidell.com/spidellweb/public/webinars/materials/preparing_706_online.pdf)[⁸](https://boulaygroup.com/portability-powers-and-pitfalls-what-you-need-to-know-about-estate-planning/)[⁹](https://boulaygroup.com/portability-powers-and-pitfalls-what-you-need-to-know-about-estate-planning/)[¹⁰](https://www.tiaa.org/public/pdf/portability_provisions_and_their_impact_on_your_estate_plan.pdf)[¹¹](https://www.schwab.com/learn/story/how-portability-helps-couples-reduce-estate-taxes)[¹²](https://www.orangecountyestateplanningattorney.com/blog/understanding-portability-in-estate-planning/)[¹³](https://www.actec.org/resource-center/video/what-is-portability-for-estate-and-gift-tax/)[¹⁴](https://www.milbank.com/a/web/16244/Portability-or-No-The-Death-of-the-Credit-Shelter-Trust-Journ.pdf)[¹⁵](https://www.orangecountyestateplanningattorney.com/blog/understanding-port[⁴³](https://www.hinshawlaw.com/newsroom-updates-311.html)a[⁴²](https://www.mckan.com/assets/uploads/pdf/Newsletter-Sent-to-Clients-12-22-10.pdf)b[⁴¹](https://www.jdsupra.com/legalnews/client-alert-2010-tax-act-provides-port-37941/)ility-in-estate-planning/)[¹⁶](https://estateandprobatelawyer.com/benefits-and-pitfalls-of-estate-tax-exemption-portability/)[¹⁷](h⁴⁰t³⁹t³⁸p³⁷s://randacpas.com/to-port-or-not-to-port-is-filing-for-portability-right-for-you/)¹⁸ ¹⁹ ²⁰ ²¹ ²² ²³ ²⁴ ²⁵ ²⁶ ²⁷[²⁸]³⁴(³³ https://www.schwab.com/learn/story/how-portability-helps-couples-reduce-estate-taxes)[²⁹](https://www.orangecountyestateplanningattorney.com/blog/understanding-portability-in-estate-planning/)[³⁰](https://www.actec.org/resour[³²](https://boulaygroup.com/portability-powers-and-pitfalls-what-you-need-to-know-about-estate-planning/)c[³¹](https://masseyandcompanycpa.com/mastering-estate-tax-portability-election-optimizing-your-estate-plan/)e-center/video/what-is-portability-for-estate-and-gift-tax/)