How I Will Comply With Circular 230

Circular 230,1 the Internal Revenue Service's pronouncement regulating written tax advice, applies to all tax practitioners, including estate planners like me much as I might wish it affected only nefarious sellers of dubious tax shelters. Here is my analysis of how Circular 230 applies to my standard tax advice regarding two common estate-planning devices, credit shelter trusts and qualified personal

Circular 230,1 the Internal Revenue Service's pronouncement regulating written tax advice, applies to all tax practitioners, including estate planners like me — much as I might wish it affected only nefarious sellers of dubious tax shelters. Here is my analysis of how Circular 230 applies to my standard tax advice regarding two common estate-planning devices, credit shelter trusts and qualified personal residence trusts (QPRTs).2

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