Understanding the Implications of Chief Counsel Memorandum 202352018

by | Feb 14, 2024 | Uncategorized

Modifying Irrevocable Trusts

In this piece for Wealth Management, we explore the uncertainty created by a recent IRS memo on irrevocable trust modifications. The memorandum requires practitioners to tread with caution given the unknown limits of how far the IRS is willing to extend this rationale in other cases as well.

Check it out for insights into navigating the evolving landscape of estate planning.