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This page contains a single entry by Associate Editor published on February 24, 2009 10:12 PM.

Holland & Knight Host Webinar Follow the Money: The Path to Stimulus Money was the previous entry in this blog.

PLR 200908003: IRS Rules on GST Consequences of Terminating Distributions from Trust is the next entry in this blog.

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PLR 200908002: IRS Grants Extension to Sever Trust and Make Reverse QTIP Election

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In PLR 200908002, the IRS granted an extension to sever a trust into generation-skipping transfer tax exempt and nonexempt trusts, to make a reverse qualified terminable interest property election for the GSTT exempt trust, and to allocate the decedent's remaining GSTT exemption to the GSTT exempt trust.

Posted by Min Young Choi, Associate Editor, Wealth Strategies Journal.

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