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Trusts Get Extra Time To Make GST Exemption Allocation

By Eli Flesch · December 7, 2018, 3:29 PM EST

A private letter ruling granting extra time to allocate to two trusts a generation-skipping tax exemption was released Friday by the Internal Revenue Service. 

The IRS, in PLR-104184-18 (PLR 201849007), allowed...

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