Unlimited Marital Deduction

noun

/ʌnˈlɪmɪtɪd ˈmærɪtəl dɪˈdʌkʃən/

In a Nutshell

A U.S. tax rule allowing unlimited transfers between spouses without estate or gift tax.

PLAIN ENGLISH

The unlimited marital deduction means you can give or leave any amount of money or property to your spouse without paying federal estate or gift tax. Married couples don't pay these taxes on transfers between each other, no matter how much.

⏱ When you'll encounter this term

  • Estate planning for married couples
  • Large gifts between spouses
  • Estate tax planning and calculations
  • Spousal inheritance situations
EXAMPLE

"Dad left his entire $10 million estate to Mum. Thanks to the unlimited marital deduction, the estate paid zero federal estate tax—transfers to a surviving spouse are fully tax-free. But when Mum eventually dies, her estate may face taxes."

⚖️ Compare: Marital Deduction vs Unified Credit

Marital Deduction

Unlimited amount. Only to spouse. Delays tax, doesn't eliminate. Both spouses must be citizens.

Unified Credit

Limited amount (millions). To anyone. Uses up exemption. No citizenship requirement.

💡 Did you know?

The unlimited marital deduction can create a "wasted exemption" problem. If the first spouse leaves everything to the surviving spouse, they don't use their unified credit. Advanced planning with trusts can preserve both spouses' exemptions, potentially saving millions in estate taxes.