Trust Assets And 15-Year Year Installment Payment Of Federal Estate Tax
Date
2000-03-31
Authors
Harl, Neil
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Abstract
It's been clear for several years that trust ownership of assets would not necessarily preclude eligibility for 15-year installment payment of federal estate tax. A private letter ruling in late 1999 has provided some guidance on the issue of eligibility for a revocable living trust (a grantor trust) where the assets of the trust are used in the decedent's business.