Joshua Tree Enterprises

Sign Up for Newsletter

About this Entry

This page contains a single entry by lsaret published on November 26, 2007 6:58 PM.

IRS Rules in PLR that Trust is Valid CLAT was the previous entry in this blog.

On the Web & In Print is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Categories

Monthly Archives

IRS Rules in PLR on EGT Consequences of Trust Conversion

By
lsaret
on November 26, 2007 TrackBacks (0) Comments (0)

In PLR 20074017 (Aug. 9, 2007), the IRS ruled that a proposed conversion of an income trust to a unitrust will not cause the trust to lose its GST exempt status and will not cause either the trust or any beneficiary to be treated as making a taxable gift or realizing gain under IRC Secs. 2501 and 1001.

Posted by Lewis J. Saret, General Editor, Wealth Strategies Journal.

Categories:

0 TrackBacks

Listed below are links to blogs that reference this entry: IRS Rules in PLR on EGT Consequences of Trust Conversion.

TrackBack URL for this entry: http://www.wealthstrategiesjournal.com/mt/mt-tb.cgi/196

Leave a comment