EFTA Document EFTA01448419

• Even if a person has been widowed several times, he or she can only use the portable exclusion from the last deceased spouse (in other words, the surviving spouse cannot accumulate multiple portable exclusions). • The portable exclusion can't be any larger than the indexed exclusion in effect at the deceased spouse's death. So that is a brief overview of portability. How can a married couple use it? Here is a possible approach: John and Abby are long-time New Yorkers who have been marr