Tax Law Update

Estate of a 9/11 widow who commits suicide is not eligible for reduced estate tax rates. In Estate of Kalahasthi v. United States (C.D. Calif., No. CV 07-05771 MMM (RCx), July 7, 2008), the U.S. District Court for the Central District of California held that a spouse who commits suicide after her husband dies in a terrorist attack is not herself to be considered a victim of the attack for purposes

Estate of a 9/11 widow who commits suicide is not eligible for reduced estate tax rates.

In Estate of Kalahasthi v. United States (C.D. Calif., No. CV 07-05771 MMM (RCx), July 7, 2008), the U.S. District Court for the Central District of California held that a spouse who commits suicide after her husband dies in a terrorist attack is not herself to be considered a victim of the attack for purposes of Internal Revenue Code Sections 2201 and 692. Those sections provide a r

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish