Tax Court's Guide To Charitable Lid Plans

The tax court in Estate of Helen Christiansen v. Commissioner, 130 T.C. No. 1 (Jan. 24, 2008) has given planners a road map of what to do, and what not to do, in establishing an estate plan containing a charitable lid effectuated by a disclaimer. Specifically, in Christiansen, the court permitted a charitable deduction for a disclaimer-triggered distribution to a private foundation. But the court

The tax court in Estate of Helen Christiansen v. Commissioner, 130 T.C. No. 1 (Jan. 24, 2008) has given planners a road map of what to do, and what not to do, in establishing an estate plan containing a charitable lid effectuated by a disclaimer.

Specifically, in Christiansen, the court permitted a charitable deduction for a disclaimer-triggered distribution to a private foundation. But the court denied a charitable deduction for the portion of the disclaimed prope

All access premium subscription

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

TAGS: Archive
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