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QTIP contains deceased spouses company. Is the ownership of the compa


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Posted

A husband died and directed all of his assets (including the business he owned) into a marital QTIP. For purposes of testing, can the ownership be attributed beyond the surviving spouse? Does the daughter receive any ownership for testing purposes?

  • 2 weeks later...
Posted

Its my understanding that ownership can be attributed beyond the surviving spouse. In your example I would include the daughter for testing purposes.

If anybody disagrees please respond.

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