New IRS Ruling May Boost Use of Estate-Planning Tool.Provides information on tax-related cases and rulings of the U.S. Internal Revenue Service, including a ruling involving the use of the intentionally defective irrevocable trust.HermanTom
Revenue Ruling 2004-64offers guidance for scenarios where a reimbursement clause is included from the inception of the trust. The Chief Counsel Advice (CCA) summarizes this ruling as follows: In Rev. Rul. 2004-64, 2004-2 ...
From day one this non-statutory agency planned to intimidate, control and break the Carpenter family (the targets), whose alleged offenses were setting up a lawful trust for their daughter and type 1 Diabetic Continued on page 10 OK Dept. of Corrections Misconduct? By Verna Wood Investigative ...