Similar Posts

One Comment

  1. Hi Phil,

    I am completing a PLR with the IRS regarding estate planning. I was told by the Chief Counsel attorney, that the IRS is considering classifying all domestic trusts in states that have adopted UPA or the UTA (which is almost all of the states & includes California) as revocable. This will make them void for estate planning.

    Currently, I am using only New Zealand trusts for PLR’s with the IRS.

    With best regards,
    Brian

Comments are closed.

Tax laws change over time, and the information in this post above may be less accurate today than it was at the time of the last revision. This post is not tax advice for your specific situation. Please contact an international tax professional to get personalized advice for your situation.