Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax
Name
Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax.pdf
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447.77 KB
Format
Adobe PDF
Checksum (MD5)
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Author(s)
Gordon, Robert
Joulfaian, David
Poterba, James Michael
Date Issued
April 2016
Journal
The Journal of Wealth Management
Publisher
Institutional Investor Journals
Citation
Gordon, Robert et al. “Estate Tax Complexity Illustrated by the 2010 ‘Voluntary’ Estate Tax.” The Journal of Wealth Management 19, 1 (April 2016): 27–33 © 2016 Pageant Media Ltd
Version
Author's final manuscript
Abstract
Executors of 2010 estates had an unusual choice: either to file an estate tax return and possibly pay a 35% estate tax on amounts above $5 million or instead to choose to have assets pass without an estate tax but with a carryover in basis. The data are now in, and we can see that on average, executors of 2010 estates made the right decision. Thousands did choose to voluntarily file an estate tax return, but they wound up paying little or no estate tax.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Creative Commons Attribution-Noncommercial-Share Alike
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DOI of Published Version
https://doi.org/10.3905/jwm.2016.19.1.027
