Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Thursday, March 23, 2017

Article on a Blueprint for FLPing

FlpPhyllis Taite recently published an Article entitled, Estate of Purdue: A Blueprint for FLPing, 154 Tax Notes (2017). Provided below is an abstract of the Article:

In this article, Taite examines Estate of Purdue, in which the Tax Court held that assets of the decedent that were transferred to the family limited liability company were not includable in the gross estate, that transfers to the family trust qualified for an annual exclusion, and that the estate could deduct interest on loans from the estate’s beneficiaries.


Articles, Estate Planning - Generally, Trusts | Permalink


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