Legal Definition of Marital deduction:  The amount of money a wife or husband can inherit without paying estate taxes. For federal tax purposes, such deduction is equal to no more than one-half of the gross estate | Discover the Legal Definition of Marital Deduction | Minimize Estate Taxes for Business Owners
Gain a comprehensive understanding of the Legal Definition of Marital Deduction and learn how to minimize estate taxes as a business owner. Explore federal tax implications, maximize benefits through strategic estate planning and trust utilization, and ensure financial stability for the surviving spouse. Don’t miss out on valuable tax advantages – navigate this complex area of tax law with confidence