IRS Says No Basis Adjustment For Gifted Trust Outside Estate
By Emlyn Cameron · March 29, 2023, 6:14 PM EDT
The assets of an irrevocable grantor trust don't get a basis adjustment at the trust's owner's death if those assets weren't part of the owner's estate for tax purposes, the Internal...
To view the full article, register now.
Try a seven day FREE Trial
Already a subscriber? Click here to login