Practice Management>Regulation & Compliance

PLR 200944002

IRS declines to rule whether a self-settled asset protection trust is subject to IRC Section 2036 estate inclusion, leaving such trusts vulnerable In PLR 200944002 (Oct. 30, 2009), the taxpayer created an irrevocable trust for the benefit of himself, his spouse and his descendants. Under applicable state law, the trust wouldn't be reachable by the taxpayer's creditors as the trust was a self-settled

Jan 01, 2011

Resources

IRS declines to rule whether a self-settled asset protection trust is subject to IRC Section 2036 estate inclusion, leaving such trusts vulnerable

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.

If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.

Questions about your account or how to access content?

Contact: [email protected]

TAGS: Research / WMIQ Regulation & Compliance

Hide comments

Comments

Plain text