
Most married couples plan their estates to leave their assets to their surviving spouse. In this way, they can use the unlimited marital deduction. Using the unlimited marital deduction will reduce the size of the decedent’s estate and reduce estate taxes. However, this may mean that the deceased spouse neglected to take advantage of his or her exemption equivalent, which was 3.5 million dollars for 2009. If a surviving spouse doesn’t need the estate assets to support him/her financially, then he/she may think about filing a qualified disclaimer. Filing an asset disclaimer for tax pur...







