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This page contains a single entry by Associate Editor published on June 8, 2010 7:19 AM.

PLR 201022004: QTIP Election Null and Void was the previous entry in this blog.

PLR 201022002: IRS Grants Extension of Time to Elect to Deduct Qualified Family-Owned Business Interests is the next entry in this blog.

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PLR 20122001: Testamentary Trust Qualifies for Charitable Deduction

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Associate Editor
on June 8, 2010 TrackBacks (0) Comments (0)

In PLR 201022001, the IRS ruled that a testamentary trust established for the benefit of charitable organizations and a political subdivision will qualify for an estate tax charitable deduction under Section 2055.     

See also Trust Will Qualify for Estate Tax Charitable Deduction, 2010 TNT 108-35, June 7, 2010.

Posted by Neil I. Rumbak, Associate Editor, Wealth Strategies Journal. 


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