Is a surviving spouse entitled to an estate tax exemption for ALL properties left to her after her husband's death in N.C. ?

The parties live (/d) in N.C. This is a several million dollar estate. Thank you.

Fort Walton Beach, FL -

Attorney Answers (3)

Gregory Herman-Giddens

Gregory Herman-Giddens

Estate Planning Attorney - Chapel Hill, NC
Answered

Both the federal and North Carolina estate taxes have unlimited marital deductions, meaning that property passing outright to a surviving spouse will not be subject to estate tax. I recommend consulting with an attorney about the advisability of filing an estate tax return to preserve the unused exemption of the first spouse to die.

Joseph Franklin Pippen Jr.

Joseph Franklin Pippen Jr.

Estate Planning Attorney - Largo, FL
Answered

Attorney Giddens has given you the "best answer" that you will get for this question.

The answer given does not imply that an attorney-client relationship has been established and your best course of... more
Steven M Zelinger

Steven M Zelinger

Estate Planning Attorney - Philadelphia, PA
Answered

Yes.

This is not legal advice nor intended to create an attorney-client relationship. The information provided here is... more

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