Mucked-Up CRUTs and CRATs—Scrivener's Error Fix Up
Sometimes a trust can be reformed because the trust's disqualification resulted from a "scriveners" error. And that's more than a typo, as the below situations illustrate.
June 23, 2023 at 12:51 PM
13 minute read
The tax consequences of charitable remainder unitrusts and charitable remainder annuity trusts not meeting myriad qualification requirements can be loss of income, gift and estate tax charitable deductions. Did I also mention loss of the marital deduction?
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