The Revenue Ruling consider two situations. In Situation 1, Trust 1 and Trust 2 are both grantor trusts, which are treated as wholly owned by the Grantor for Federal income tax purposes.
www.shealawonline.com/blog/2007/estate-planning/revenue-ruling-2007-13-life-insurance-transfer-for-value
Showing posts with label revenue. Show all posts
Showing posts with label revenue. Show all posts
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