The Estate Tax Exclusion: Can Or Should You Use The Less Wealthy Spouse’s Exclusion?


Richard Franklin and George Karibjanian of Franklin Karibjanian & Law PLLC join Practitioners’ Insight host Andrea L. Ben-Yosef in a podcast about the new estate tax exclusion. They describe the terms sunset, rollback, and clawback, and discuss the strategies that practitioners should use, especially in situations where one spouse holds most of the wealth, or where there is a second marriage and the wealthy spouse wants to use the exclusions of the less wealthy spouse.

For more information, please see their article “The Lifetime QTIP Trust – the Perfect (Best) Approach to Using Your Spouse's New Applicable Exclusion Amount and GST Exemption” (Bloomberg Tax Estates, Gifts and Trusts Journal (March 14, 2019) at  http://src.bna.com/GnO.