Resume

• 1983

  Doctor of Philosophy (PhD)

  Accounting

  University of North Texas

• 1976

  Master of Business Administration (MBA)

  Accounting

  Eastern New Mexico University

• Strategic Planning

  Higher Education

  Microsoft Office

  Tax Preparation

  Tax

  QuickBooks

  Payroll

  Budgets

  Academic Advising

  Data Analysis

  Financial Analysis

  Customer Service

  Auditing

  Microsoft Excel

  PowerPoint

  Public Speaking

  Financial Reporting

  Microsoft Word

  Account Reconciliation

  Research

  Portability of Deceased Spouse Unused Exclusion: A Pedagogical Example.

  Robin Rahlfs Patterson

  \nThe United States has a unified system that taxes transfers of property during an individual’s lifetime (gifts) and property transferred as a result of the individual’s death. The Tax Relief

  Unemployment Insurance Reauthorization

  and Job Creation Act of 2010 (the Act) contains a provision which will allow the unused portion of a decedent’s exclusion (taxable estate protected by the unified credit) to be used upon the subsequent death of the surviving spouse. The portability election is simple for situations where it appears the surviving spouse will not remarry

  however

  becomes much more complicated if the surviving spouse should remarry. The paper provides a pedagogical example utilized in the academic setting and serves as a quick review of the U.S. estate and gift law

  with brief discussions of the gift tax

  annual exclusion

  marital deduction

  generation skipping tax

  tax planning credits

  and the new portability elections.

  Portability of Deceased Spouse Unused Exclusion: A Pedagogical Example.

  University of Tulsa

  KPMG

  West Texas A&M University

  KPMG

  Accounting Professor

  Regents Professor and McCray Professor of Business

  West Texas A&M University

  Accounting Professor

  University of Tulsa