Not All Wealth Transfers Are “Portable” in Virginia

"Portability" means the surviving spouse can use the deceased spouse's unused exclusion amount without having to create complex trusts or use other tax-saving techniques. This provision was designed as a simplification effort. But many people may need to hire an expert to make sure they understand all the fine print. For the most part, we …

Not All Wealth Transfers Are “Portable” in Virginia Read More »