In which of the following estates would it normally be most desirable to provide for a federal estate tax marital deduction for approximately one half of the property?
I'm surprised the answer isn't just 'all of the above'. As long as you use the marital deduction, it's a win-win, right? Although, I guess that would be too easy for a test question.
Hmm, I'm not sure. Wouldn't it be better to take the marital deduction in the estate of the first spouse to die, regardless of their relative wealth? That way, you can delay the federal estate tax for as long as possible.
I'm not sure, but I think it makes sense to take advantage of the deduction when one spouse has more wealth to protect the assets for the surviving spouse.
I agree with Marnie. Providing the marital deduction in the estate of the spouse with less wealth helps equalize the estates and minimize the overall tax burden.
Option C seems like the most logical choice here. If only one spouse has substantial wealth, the marital deduction would be most beneficial in the estate of the less wealthy spouse.
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