PT  - JOURNAL ARTICLE
AU  - Robert Gordon
AU  - David Joulfaian
AU  - James Poterba
TI  - Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax
AID  - 10.3905/jwm.2016.19.1.027
DP  - 2016 Apr 30
TA  - The Journal of Wealth Management
PG  - 27--33
VI  - 19
IP  - 1
4099  - https://pm-research.com/content/19/1/27.short
4100  - https://pm-research.com/content/19/1/27.full
AB  - 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.TOPICS: Wealth management, legal/regulatory/public policy