McEowen: Estate planning is complex and family situations must be considered

Upon death, a married person can leave an unlimited amount of property to the surviving spouse with no tax consequences.
The property must be left outright, but there is an exception for something known as a QTIP.

Roger McEowen with the Washburn School of Law spoke with RFD-TV’s own Tammi Arender on Qualified Terminable Interest Property, their requirements, and the big takeaways for producers.