By maximizing the marital deduction, any estate tax is postponed until the death of the surviving spouse, an advantage in present value terms.

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Maximizing the marital deduction allows the estate of the deceased spouse to pass to the surviving spouse tax-free, thereby postponing any estate tax until the surviving spouse's death. This can be advantageous in present value terms because it delays the tax liability, potentially allowing for more growth or use of the assets before taxes are assessed.

By Maximizing the Marital Deduction, Any Estate Tax Is Postponed