Unintended Consequence Part Deux: No Estate Tax Possibly Dooms Testamentary CRT in 2010

What if the Estate Tax Is Repealed? – Part II | Planned Giving Design Center.

Is a deduction necessary to have a qualified CRT? The IRS appears to answer in the affirmative. No deduction, no qualified CRT, and each transfer has to qualify for some deduction; this seems to be their general position as "announced" in private letter rulings discussed below.

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