Summary

At times, IRS issues rulings that are important to some charitable planners who also work in the estate planning and related tax planning fields. For those individuals, we include in this current event a listing that consolidates several rulings of potential interest. More information about these consolidated rulings, including the text, summary, extended summary, and commentary (as the case may be), is available for review through the links.

Extended Summary

Rulings of potential interest:

1. PLR 201208039 - Post-Mortem Division of Inherited IRA (see our commentary).
2. PLR 201208013 - Trust Reformation Restores S Corp. Status (see our commentary).
3. PLR 201208023 - Late QSST Election (see our commentary).

Relevant Documents

	CPC Commentary: Two PLRs Approve "Administrative" Modifications of GST-Exempt Trust	2/27/12
	CPC Commentary: Two More PLRs Approve Adding the Power to Remove Trustees, After-the-Fact	2/27/12
	201208013: Shareholder Not an Individual or Permitted Trust or Estate	2/24/12
	201208023: Inadvertent Terminations	2/24/12
	201208039: Required Distributions	2/24/12
	CPC Commentary: Consolidated Estate and Tax Planning Update	10/31/11