Sentence examples for marital deduction from inspiring English sources

The trust, in effect, gets to use the marital deduction.

Anything left to his wife would not be subject to estate tax because of the marital deduction.

Since there is no federal estate tax return to file, the marital deduction is not an option now.

The second aim is to take full advantage of the unlimited marital deduction in estate tax law.

This is because the estate tax for the surviving spouse comes into play only if a marital deduction is allowed when the first spouse dies.

Because a QTIP trust makes use of the estate tax marital deduction, it is not useful for people who are not married.

When Spyer died, in 2009, Windsor's inheritance from her partner was taxed three hundred and sixty-three thousandollarsrs by the Internal Revenue Service, because DOMA prevented Windsor from taking advantage of the marital tax deduction available to all straight couples.

They wouldn't trigger a cut in the marital or charitable deduction.

As such, it wouldn't trigger a reduction in the marital or charitable deductions, right?

Many estate planners had long shied away from giving the executor the power to pay expenses out of income for fear it might reduce the marital or charitable deductions.

Mr. Webb countered yesterday that "Jack has been advised it is a proper deduction from his marital estate according to Connecticut law".