Troy predeceases his wife, Nell. Under his will, his estate is placed in trust, income for her

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Troy predeceases his wife, Nell. Under his will, his estate is placed in trust, income for her life to Nell, remainder to his children. Regarding any marital deduction allowed to Troy's estate, comment on the effect of the following independent cases.
a. Troy's executor makes a QTIP election.
b. Nell issues a timely disclaimer that rejects her income interest.
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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

ISBN: 1389

41st Edition

Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney

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