When you got married you likely increased your assets, which is great news, but the downside could be higher estate taxes - not to mention a larger estate to work through. (rocketlawyer.com)
One might want to argue in favour of higher estate taxes but I do not hear arguments in favour of abolishing the practice of writing wills that leave one's estate, minus taxes, debts and other prior obligations. (slaw.ca)
This plan helps with providing the liquidity that may be needed for paying high estate taxes that are due, as well as for keeping one's business operational, transferring wealth to the next generation, and / or making a gift to a loved one or to a favorite charity. (lifeinsurancebyjeff.com)