Overqualification
Certified Financial Planner glossary · Certified Financial Planner
Definition
Leaving more to a surviving spouse than necessary, wasting the first decedent’s exclusion.
Overqualification in plain English
A will pours the entire estate to the surviving spouse "for simplicity," burning the first decedent's unused exclusion that could have funded a bypass or portability planning conversation. Overqualification means leaving more to the surviving spouse than necessary and wasting the first decedent's exclusion. Unlimited marital deduction is powerful, but using it on assets that could have soaked up exclusion can shrink the family's combined shelter. All-to-spouse funding that strands the first decedent's exclusion is overqualification in action.
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