Illegal Activity
none
Blackmail
none
Date
2009
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
The document explains the concept of portability in estate tax planning using a hypothetical scenario involving John and Abby. It illustrates how they can utilize portability to minimize estate taxes and maximize the benefits of their exclusions, even when using trusts.
Metadata
- Subject
- Portability and Estate Tax
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0 103440
- Date
- 2009
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| John | married | Abby | John and Abby are a married couple. |
Notable Quotes 2
let the survivor decide what makes the most sense, tax-wise, when the first of them dies.
Portability has allowed Abby to take full advantage of John's exclusion amount, yet save the significant New York estate tax that a fully funded disclaimer trust otherwise would have incurred.
Financial Information
Amounts:$14,000$28,000$10 million$5.25 million$420,800$1 million$4.25 million$9.5 million$2.125 million
Assets:
- Estate
- IRA
- Property
Transactions:
- Estate tax planning
- Gifting
- Disclaimer of property
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigation
Organizations 1
IRS
Locations 1
New York
Text Analysis
- Tone
- Informative
- Purpose
- To explain the concept of portability in estate tax planning using a hypothetical scenario.
- Significance
- Illustrates how a married couple can utilize portability to minimize estate taxes and maximize the benefits of their exclusions.
File Info
- File Name
- EFTA01448419.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:33.346390
- DOJ Source
- View on DOJ