August 20, 2024 IRS proposes revisions to regulations related to qualified domestic trusts under IRC Section 2056A The IRS and Treasury Department have proposed (REG-119683-22) amendments to federal estate tax regulations related to estates of decedents that pass property to or for the benefit of a noncitizen spouse through a domestic trust. The proposed regulations would update outdated references, information and procedures. A Tax Alert is forthcoming.
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