Same Sex Tax

Discussion of estate and income tax issues applied to same sex couples, by Professor Patricia Cain.

Obergefell Aftermath

I just finished doing a webinar for ABA Section on Real Property Trusts and Estates focusing on issues raised by the Supreme Court’s ruling in the same-sex marriage case, Obergefell v Hodges. George Karibjanian of Boca Raton was my co-panelist.

Portability for Same Sex Spouses

Under the federal estate and gift tax rules, a transferor incurs no tax liability unless and until cumulative gift-giving (lifetime and deathtime combined) exceeds the exemption amount. The exemption amount is $5.0 million, but adjusted for inflation. The 2014 adjusted