Members of the American Bar Association Section of Real Property, Trust and Estate Law have sent to the IRS comments regarding Notice 2010-19 and its effect on transfers in trust. The comments encourage the IRS to clarify that Section 2511(c) is inapplicable to charitable remainder trusts.
See also ABA Members Comment on Guidance Clarifying Treatment of Transfers in Trust, 2010 TNT 42-22, March 4, 2010.
Posted by Neil I. Rumbak, Associate Editor, Wealth Strategies Journal.
Posted by Neil I. Rumbak, Associate Editor, Wealth Strategies Journal.

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