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QTIP Election - revoke? Expand / Collapse
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Posted 1/28/2008 1:48:03 PM
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Can a QTIP election be revoked?

If so,  how can one check to confirm it has been done?

Thanks.

Post #530
Posted 1/29/2008 12:07:31 PM
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No.  Look at Section 2056(b)(7) and regs for more info.

John Jacobson
Post #531
Posted 8/27/2011 7:02:53 AM
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Statute says it can't be revoked, but see PLR 201112001, which allows it to be treated as null and void retroactively in one particular case (which is a very useful one in certain situations).
Post #916
Posted 10/24/2011 11:48:36 PM


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So,it means that it can be revoked but what should be done to check it has been done??


Mortgage Refinancing
Post #917
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