Description
DSUE: What is it? Why is it Important? Sponsored by Drake
IRS Program #: X9QQU-T-01139-24-O
CTEC #: 6257-CE-0300
CE: 1 IRS & 1 CTEC credits
Speaker: Ann Campbell, CIA CPA
The Deceased Spousal Unused Exclusion, or DSUE, is the amount of the federal estate tax exemption that is not used by a deceased spouse. The surviving spouse can elect to use the DSUE amount to reduce the amount of estate tax that is owed on their own estate in the future. For 2024, the federal estate tax exemption is $13.61 million. But the expiration of the 2017 Tax Cuts and Jobs Act will cut the exemption in half, effective January 1, 2026, with adjustments for inflation. Currently experts expect that new amount to be approximately $7 million in 2026.
Using the DSUE strategy for your clients will help preserve the unused amount from the first deceased spouse so it can be used for the second surviving spouse’s estate. In this session, you will learn how to protect yourself by advising your clients on the DSUE strategy. The result: both your clients and their heirs will thank you!
Objectives:
- Understand the basics of the DSUE Deceased Spousal Unused Exclusion
- Learn how it can help your clients protect their estates from federal estate tax, even after the TCJA expires on 1/1/2026.
- Advise your clients on preserving their DSUE before they remarry.