New prop. regs. explain permitted changes to GST grandfathered trusts

Article Abstract:

The authors describe and evaluate IRS proposed regulations which provide the rules for permissible trust modifications which will not cause loss of the generation-skipping tax exemption in grandfathered trusts.

Tax Law, Public Finance Activities, Generation-skipping transfer tax, Tax exemption, Tax exemptions

---

The overall tax impact of accumlating vs. distributing trust income

Article Abstract:

The author discusses the tax impact on trust income depending on whether the trust is tax before distribution or the beneficiaries are taxed after distribution.

Evaluation, Income distribution

---

How prop. regs. on the definition of income affect total return trusts

Article Abstract:

The author discusses IRS regulations which have revised the definition of trust income and the impact of these revisions on total return trusts taxation.

Similar abstracts:

• Abstracts: Prop. regs. on the definition of trust income: the best thing for life insurance planning since sliced bread! Notice 2001-10 will have dramatic effects on split-dollar arrangements
• Abstracts: State court approval results in estate tax exclusion of incompetent's gifts. Making estate planning fun (again?)
• Abstracts: Lien-ing on lawyers; decision could affect contingency agreements following attorney bankruptcies. Viva la difference; lawyering in a foreign country calls for a broader view and lots of patience
• Abstracts: The state of paperless courts: a report on the continuing evolution of e-filing. Protected from the elements: security for small-and medium sized law firms
• Abstracts: How Enron built a team; Weil Gotshal, new to the firm, is now the crisis manager. 'Conduct' remedy in Microsoft draws fire; who'll watch the giant, and how

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.