Ben Reach had seen some strange rifts on the theme of inheritance greed since in 2011 “Portability” had come into the federal estate tax law.
Under “Portability, “a dying spouse could leave the surviving spouse his or her unused estate tax exemption, for the survivor to use against future gifts or bequests.
Because of “Portability,” some children were now encouraging single parents to marry poor (preferably penniless) candidates in questionable health in hopes of inheriting the benefits of their estate tax exemptions. Read more