Beneficiary Defective Irrevocable Trusts
Click Here To Find Out More About: Nsw Compare Green Slips Beneficiary Defective Irrevocable Trusts by Julius Giarmarco, Esq. The benefits of an intentionally defective grantor trust (IDGT) are well known. First, the grantors payment of the trusts income taxes is essentially a tax-free gift to the beneficiaries of the trust. Rev. Rul. 2004-64. Thus,…
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