QSST documents should avoid dangerous provisions. (qualified subchapter S trusts): An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on January 1, 1992. The length of the article is 602 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Tax advisors must be careful to avoid some common provisions that create potential tax problems for trusts meant to be qualified subchapter S trusts (QSST). Provisions such as afterborn beneficiary clauses, special power of appointment held by current income beneficiaries, spendthrift clauses and 'in terrorem' conditions can create tax liabilities for trust recipients.

Citation Details
Title: QSST documents should avoid dangerous provisions. (qualified subchapter S trusts)
Author: Raymond A. Olczak
Publication:The Tax Adviser (Magazine/Journal)
Date: January 1, 1992
Publisher: American Institute of CPA's
Volume: 23 Issue: n1 Page: 35-36

Distributed by Thomson Gale