Henry's father died in 1998, leaving $100,000 in trust to pay the income to my son, Henry,
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Henry's father died in 1998, leaving $100,000 in trust "to pay the income to my son, Henry, for life and upon his death to deliver the entire corpus to such of his blood relatives or to his spouse or to such charity as Henry might by will appoint." Henry died last year, leaving a will in which he exercised the power of appointment by appointing the trust corpus to his wife for her life with the remainder to her estate. Is Henry's estate entitled to a marital deduction with respect to any part of the trust property?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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