Trust Termination, Distribution Won’t Entail Transfer Tax

By Theresa Schliep · August 9, 2019, 5:29 PM EDT

A court-approved termination and proposed distribution of a trust won’t trigger a generation-skipping transfer tax, the Internal Revenue Service said in a private letter ruling released Friday.

PLR-126751-18 (PLR 201932004) said...

To view the full article, register now.