WebRead Title 26 of the U.S Code Section 2207A [Right of recovery in the case of certain marital deduction property] on Lawrina ⚖️ Structured Information For Lawyers 🔍 Easily Find the Codes You Need. ... Please note that we cannot guarantee that the Section 2207A U.S.C — Right of recovery in the case of certain marital deduction property ... Webto 26 U.S.C. § 2207A(a), the personal representative of Dorothy Cooney's estate filed a contingent claim against the trust beneficiaries, alleging that the Estate is entitled to recover from the Trust the federal estate taxes payable by reason of the QTIP trust assets included in Dorothy Cooney's gross Id.
August 7, 2024 United States Senate Member United States …
WebJan 1, 2024 · (A) the value of such property, bears to (B) the taxable estate. (2) Decedent may otherwise direct. --Paragraph (1) shall not apply with respect to any property to the extent that the decedent in his will (or a revocable trust) specifically indicates an intent to waive any right of recovery under this subchapter with respect to such property. WebFor purposes of section 2652 (a) (1) of such Code, the determination of whether any property is subject to the tax imposed by such chapter 11 shall be made without regard to any election made under this subsection. “ (d) EXTENSION OF TIME FOR PERFORMING CERTAIN ACTS.— smart box idee
26 U.S.C. § 2207A (2024) - Right of recovery in the case of certain ...
WebFeb 28, 2024 · Article Five, Section 5.05 provides that “[i]f our Trustee or the surviving Grantor’s Executor waives any right of recovery granted by Section 2207A and corresponding provisions of applicable state law, death taxes may not be apportioned to any property included in the deceased Grantor’s gross estate under Internal Revenue Code … Web26 U.S. Code § 2207A - Right of recovery in the case of certain marital deduction property. the total tax under this chapter which has been paid, exceeds. the total tax under this chapter which would have been payable if the value of such property had not been … Unless the decedent directs otherwise in his will, if any part of the gross estate on … Section effective as if included in provisions of Revenue Act of 1987, Pub. L. 100–… WebJul 22, 2002 · Under section 2207A (b), the donee spouse is entitled to recover any gift tax paid with respect to a transfer under section 2519 from the person receiving the transferred property. Proposed regulations under several sections including sections 2519 and 2207A (b) were issued on May 21, 1984 ( 49 FR 21350 [LR-211-76, 1984-1 C.B. 598]). hill safety advice