IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v62y1980i3p384-394..html
   My bibliography  Save this article

The Role of the Marital Deduction in Planning Intergenerational Transfers

Author

Listed:
  • David Reinders
  • Michael Boehlje
  • Neil E. Harl

Abstract

The marital deduction is an important and commonly used estate-planning tool. The optimal marital deduction should be chosen to minimize the present value of the tax outlays at the deaths of both the husband and wife given the expected growth rate, the appropriate discount rate, the expected time of death of the surviving spouse, the distribution of wealth between the spouses, and the total wealth of both spouses. The typical practice of claiming the maximum marital deduction allowed by law or the amount that just reduces the tax liability of the decedent to zero does not necessarily produce an optimal result.

Suggested Citation

  • David Reinders & Michael Boehlje & Neil E. Harl, 1980. "The Role of the Marital Deduction in Planning Intergenerational Transfers," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(3), pages 384-394.
    • Handle: RePEc:oup:ajagec:v:62:y:1980:i:3:p:384-394.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1240193
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Américo Mendes, 2005. "Intergenerational transfers in rural households: A game theoretical approach," Labor and Demography 0503004, University Library of Munich, Germany.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:62:y:1980:i:3:p:384-394.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.