Using the new portability election of deceased spouses


 The United States has a unified system that taxes transfers of property during an individual’s lifetime (gifts) and transferred as result the death. Tax Relief, Unemployment Insurance Reauthorization, Job Creation Act 2010 (the Act) contains provision will allow unused portion decedent’s exclusion (taxable estate protected by credit) to be used upon subsequent death surviving spouse. portability election is simple for situations where it appears spouse not remarry, however, becomes much more complicated if should remarry.