Form 706-GS(D-1) Instruksi
Instruksi untuk Form 706-GS (D-1), Pemberitahuan Distribusi Dari Generasi-Skipping Trust
Juni 2019
Formulir Terkait
- Form 706-GS (D-1) - Pemberitahuan Distribusi Dari Generasi-Skipping Trust
Department of the Treasury
Internal Revenue Service
Instructions for
Form 706-GS(D-1)
(Rev. November 2021)
Use with the October 2008 revision of Form 706-GS(D-1)
Notification of Distribution From a Generation-Skipping Trust
Section references are to the Internal Revenue
Code unless otherwise noted.
A distribution is not considered a
taxable distribution if, had it been made
while an individual was alive, it would
have been a nontaxable gift because of
section 2503(e) (relating to transfers
made for certain educational or medical
expenses).
Also, a distribution (or any portion
thereof) is not a taxable distribution to
the extent that:
Trusts
Nonexplicit trusts. An arrangement
that has substantially the same effect as
a trust will be treated as a trust even
though it is not an explicit trust.
Future Developments
For the latest information about
developments related to Form
706-GS(D-1) and its instructions, such
as legislation enacted after they were
published, go to IRS.gov/Form706-
Examples of such arrangements are
insurance and annuity contracts,
arrangements involving life estates and
remainders, and estates for years.
In general, a transfer of property in
which the identity of the transferee is
conditioned on the occurrence of an
event is a transfer in trust. However, this
rule does not apply to a testamentary
trust if the event is to occur within 6
months of the transferor's date of death.
The property distributed was
•
General Instructions
previously subject to GST tax and
The distributee in the prior distribution
•
is assigned to a generation the same as
or lower than the distributee in the
current distribution.
Purpose of Form
A trustee uses Form 706-GS(D-1) to
report certain distributions from a trust
that are subject to the generation-
skipping transfer (GST) tax and to
provide the skip person distributee with
information needed to figure the tax due
on the distribution.
This rule does not apply if the
transfers have the effect of avoiding
GST tax for any transfer.
Nonexplicit trusts do not include
decedents' estates.
In the case of a nonexplicit trust, the
person in actual or constructive
possession of the property involved is
considered the trustee and is liable for
filing Form 706-GS(D-1).
If you are filing this return for a
nonexplicit trust, see Line 2a. Trust's
Employer Identification Number.
Exceptions
Irrevocable trusts. The GST tax does
not apply to any distribution from a trust
that was irrevocable on September 25,
1985. Any trust in existence on
Who Must File
In general, the trustee of any trust that
makes a taxable distribution must file a
Form 706-GS(D-1) for each skip
September 25, 1985, will be considered
irrevocable unless:
person. See Distributions Subject to
GST Tax, later, for a discussion of what
constitutes a taxable distribution. The
trustee must file a return for each skip
person even if the inclusion ratio
On September 25, 1985, the value of
•
Separate trusts. You must treat the
the trust could have been included in
the settlor's gross estate for federal
estate tax purposes by reason of
section 2038 if the settlor had died on
September 25, 1985, or
following as separate trusts:
Portions of a trust that are attributable
•
to transfers from different transferors
and
applicable to the distribution is zero.
See Column d. Inclusion Ratio.
Substantially separate and
•
Regarding a policy of life insurance
•
independent shares of different
beneficiaries in a trust.
that is treated as a trust under section
2652(b), the insured was an owner on
September 25, 1985, and this would
have caused the insurance proceeds to
be included in the insured's gross estate
for federal estate tax purposes if the
insured had died on September 25,
1985.
When to File
The trustee must file Copy A of Form
706-GS(D-1) with the IRS and send
Copy B to the distributee by April 15th of
the year following the calendar year
when the distribution was made. If the
due date falls on a Saturday, Sunday, or
legal holiday, file on the next business
day.
You must report such separate trusts
under different item numbers in column
a of line 3, even if they have the same
inclusion ratios.
Distributions Subject to
GST Tax
For more information, see
In general, all taxable distributions are
subject to the GST tax. A taxable
distribution is any distribution from a
trust to a skip person (other than a
taxable termination or a direct skip).
Regulations section 26.2601-1(b).
Where To File
Trusts containing qualified termina-
ble interest property. If an irrevocable
trust in existence on September 25,
1985, holds qualified terminable interest
property (QTIP) (as defined in section
2056(b)(7)) as a result of an election
under section 2056(b)(7) or 2523(f), the
trust may elect to be treated for
The trustee must send Copy A of Form
706-GS(D-1) to the following address:
Department of the Treasury
Internal Revenue Service Center
Stop 824G
If any GST tax imposed on a
distribution is paid out of the trust from
which the distribution was made, the
amount of tax paid by the trust is also a
taxable distribution.
7940 Kentucky Drive
Florence, KY 41042-2915
purposes of the GST tax as if the QTIP
Sep 09, 2021
Cat. No. 10926L
election had not been made. Thus,
transfers from such a trust will not be
subject to the GST tax.
decimal places (for example,
“0.00001”).
Transition Rule in Case of
Mental Disability
Transition Rule for Revocable
Trusts
The GST tax will not apply to any
distributions from a revocable trust,
provided:
If the settlor was under a disability on
October 22, 1986, the GST tax may not
apply. See Regulations section
Additions to irrevocable trusts. To
the extent that a distribution from a trust
is from an addition to an irrevocable
trust made after September 25, 1985,
such distribution is subject to the GST
tax. Additions include constructive
additions described in Regulations
section 26.2601-1(b)(1)(v).
For purposes of figuring the inclusion
ratio (defined later), use only the value
of the total additions made to the trust
after September 25, 1985.
26.2601-1(b)(3) for a definition of the
term “mental disability” and details on
the application of this rule.
1. The trust was executed before
Exceptions to Additions Rule
October 22, 1986;
Do not treat as an addition to a trust any
addition that is made pursuant to an
instrument or arrangement that is
covered by the rules discussed earlier
under Transition Rule for Revocable
Trusts and Transition Rule in Case of
Mental Disability. This also applies to
inter vivos transfers if the same property
would have been added to the trust by
such an instrument. For examples
illustrating this rule, see Regulations
section 26.2601-1(b)(4)(ii).
2. The trust as it existed on October
21, 1986, was not amended after
October 21, 1986, in any way that
created or increased the amount of a
generation-skipping transfer;
3. Except as provided later, no
Distributions from trusts to which
additions have been made. As
described earlier, when an addition is
made after September 25, 1985, to an
irrevocable trust, only the portion of the
trust resulting from the addition is
subject to the GST tax. For distributions,
this portion is the product of the
allocation fraction and the value of the
property distributed (including
addition was made to the trust; and
4. The settlor died before January 1,
1987.
A revocable trust is any trust that on
October 22, 1986, was not an
irrevocable trust (as defined earlier) and
would not have been an irrevocable
trust had it been created before
September 25, 1985.
Definitions
Skip persons. For GST tax purposes,
skip person means:
accumulated income and appreciation
on that property).
The instructions under Trusts
1. A natural person assigned to a
generation that is two or more
generations below the settlor's
generation, or
containing qualified terminable interest
property apply also to revocable trusts
covered by these transition rules.
The allocation fraction is a fraction,
the numerator of which is the value of
the addition as of the date it was made
(regardless of whether it was subject to
gift or estate tax, but reduced by the
amount of federal or state estate or gift
tax imposed and paid by the trust). The
denominator of the fraction is the fair
market value of the entire trust
2. A trust that meets the following
Amendments to revocable trusts. An
amendment to a revocable trust in
existence on October 21, 1986, will not
be considered to result in the creation of
or an increase in the amount of a
conditions:
a. All interests in the trust are held
by skip persons, or
b. No person holds an interest in the
trust, and at no time after the transfer to
the trust may a distribution be made to a
non-skip person.
generation-skipping transfer where:
immediately after the addition, less any
trust amount that is similar to expenses,
indebtedness, or taxes that would be
allowable as a deduction under section
2053, and further reduced by the same
amount that the numerator was reduced
by to reflect federal or state estate or gift
taxes paid by the trust.
When there is more than one
addition, the allocation fraction is
revised after each addition. The
numerator of the revised fraction is the
sum of:
The amendment is administrative or
•
clarifying in nature; or
It is designed to perfect a marital or
•
charitable deduction for an existing
transfer, and it only incidentally
increases the amount transferred to a
skip person.
Non-skip person. A non-skip person is
any person who is not a skip person.
Generation assignment. A generation
is determined along family lines as
follows:
Addition to revocable trusts. If an
addition (including a constructive
addition) to a revocable trust is made
after October 21, 1986, and before the
death of the settlor, all subsequent
distributions from the trust will be
subject to the GST tax, provided the
other requirements of taxability are met.
For settlors dying before January 1,
1987, any addition made to a revocable
trust after the death of the settlor will be
treated as if made to an irrevocable
trust.
1. Where the beneficiary is a lineal
descendant of a grandparent of the
transferor (for example, the donor's
cousin, niece, nephew, etc.), the
number of generations between the
transferor and the descendant is
determined by subtracting the number
of generations between the grandparent
and the transferor from the number of
generations between the grandparent
and the descendant.
1. The value of the trust subject to
the GST tax immediately before the last
addition and
2. The amount of the latest addition.
The denominator of the revised
fraction is the total value of the entire
trust immediately after the latest
2. Where the beneficiary is the lineal
descendant of a grandparent of a
spouse (or former spouse) of the
transferor, the number of generations
between the transferor and the
See Regulations section
26.2601-1(b)(2)(vii) for examples
demonstrating the operation of these
rules.
addition. If the addition results from a
generation-skipping transfer, reduce the
numerator and denominator by the
amount of any GST tax imposed on the
transfer and recovered from the trust.
Round off the allocation fraction to five
descendant is determined by
subtracting the number of generations
between the grandparent and the
-2-
spouse (or former spouse) from the
number of generations between the
grandparent and the descendant.
3. For this purpose, a relationship
by adoption is considered a blood
relationship. A relationship by half-blood
is considered a relationship by whole
blood.
4. The spouse or former spouse of a
transferor or lineal descendant is
considered to belong to the same
generation as the transferor or lineal
descendant, as the case may be.
great-grandchildren who are lineal
descendants of the deceased
grandchild are considered your
grandchildren for purposes of the GST
tax.
If someone prepares your return and
does not charge you, that person should
not sign the return. Generally, anyone
who is paid to prepare your return must
sign it in the space indicated.
This rule also governs generation
assignment for other lineal
Specific Instructions
descendants. For example, if property is
transferred to an individual who is a
descendant of a parent of the transferor,
and that individual's parent (who is a
lineal descendant of the parent of the
transferor) is deceased at the time the
transfer is subject to gift or estate tax,
then for purposes of generation
assignment, the individual is treated as
if he or she is a member of the
Part I—General
Information
Line 1a. Skip Person
Distributee's Identifying
Number
Enter the social security number of an
individual distributee. (If the number is
unknown or the individual has no
number, indicate “unknown” or “none.”)
If the distributee is a trust, enter the
trust's employer identification number
(EIN).
A person who is not assigned to a
generation according to the rules above
is assigned to a generation based on his
or her birth date as follows.
generation that is one generation below
the lower of:
1. A person who was born not more
than 121/2 years after the transferor is in
the transferor's generation.
The transferor's generation or
•
The generation assignment of the
•
youngest living ancestor of the
individual, who is also a descendant of
the parent of the transferor.
2. A person born more than 121/2
years, but not more than 371/2 years,
after the transferor is in the first
Line 2a. Trust's Employer
Identification Number
Enter the EIN of the trust from which the
distribution was made.
The same rules apply to the
generation assignment of any
descendant of the individual.
This rule does not apply to a transfer
to an individual who is not a lineal
descendant of the transferor if the
transferor has any living lineal
descendants.
If any transfer of property to a trust
would have been a direct skip except for
this generation assignment rule, then
the rule also applies to transfers from
the trust attributable to such property.
generation younger than the transferor.
3. Similar rules apply for a new
generation every 25 years.
A nonexplicit trust as described
under Who Must File must have an EIN
that is separate from any other entity's
EIN and that will be used only by the
nonexplicit trust.
If more than one of the rules for
assigning generations applies to a
beneficiary, the beneficiary is generally
assigned to the youngest of the
generations that apply.
If an entity such as a partnership,
corporation, trust, or estate has an
interest in the property, each individual
who has a beneficial interest in the
entity is treated as having an interest in
the property. The individual is then
assigned to a generation using the rules
described above.
A trust or nonexplicit trust that does
not have an EIN should apply for one on
Form SS-4, Application for Employer
Identification Number. You can get
Form SS-4, and other IRS tax forms and
Ninety-day rule. For purposes of
determining if an individual's parent is
deceased at the time of a testamentary
transfer, an individual's parent who dies
no later than 90 days after a transfer
occurring by reason of the death of the
transferor is treated as having
Send Form SS-4 to the address
listed under Where To File. If the EIN
has not been received by the filing time
for the GST form, write “Applied for” on
line 2a.
Governmental entities and certain
charitable organizations are assigned to
the transferor's generation. Distributions
to them will never be
predeceased the transferor. The 90-day
rule applies to transfers occurring on or
after July 18, 2005. See Regulations
section 26.2651-1 for more information.
generation-skipping transfers.
Part II—Distributions
Generation assignment where inter-
vening parent is deceased. If you
made a gift or bequest to your
Report all taxable distributions made
during the year from the trust listed on
line 2 to the skip person distributee
listed on line 1. Report a distribution
even if its inclusion ratio is zero.
Multiple skips. If after a
grandchild and at the time you made the
gift or bequest, the grandchild's parent
(who is your or your spouse's or your
former spouse's child) is deceased,
then for purposes of generation
assignment, your grandchild will be
considered to be your child rather than
your grandchild. Your grandchild's
children will be treated as your
generation-skipping transfer the
property transferred is held in trust, then
for the purpose of determining the
taxability of subsequent distributions
from the trust involving that property, the
settlor of the property is assigned to the
first generation above the highest
generation of any person who has an
interest in the trust immediately after the
initial transfer.
Column a. Item No.
Assign consecutive numbers to each
distribution made during the year.
Different items of property having
different inclusion ratios must be listed
separately in Part II. Include under a
single item number any properties
having the same inclusion ratio even if
they were distributed at different times.
An exception to this is distributions from
“separate trusts” as that term was
defined earlier. You must report
grandchildren rather than your
great-grandchildren.
This rule is also applied to your lineal
descendants below the level of
grandchild. For example, if your
grandchild is deceased, your
Signature
The trustee, or an authorized
representative of the trustee, must sign
Form 706-GS(D-1).
distributions from such separate trusts
-3-
under different item numbers even if
they have the same inclusion ratio.
Once made, allocations are
irrevocable.
Allocation of the GST exemption is
made by the settlor on Form 709, United
States Gift (and Generation-Skipping
Transfer) Tax Return, and/or Form 706,
United States Estate (and
Applicable fraction. The applicable
fraction is a fraction, the numerator of
which is the amount of the GST
exemption allocated to the trust. The
denominator of the fraction is:
Column b. Description of
Property
Real estate. Describe the real estate in
enough detail so that the IRS can easily
locate it for inspection and valuation.
For each parcel of real estate, report the
location and, if the parcel is improved,
describe the improvements. For city or
town property, report the street number,
ward, subdivision, block and lot, etc. For
rural property, report the township,
range, landmarks, etc.
1. The value of the property
transferred to the trust, minus
Generation-Skipping Transfer) Tax
Return, by the executor of the settlor's
estate. Therefore, you should obtain
information regarding the allocation of
the exemption to this trust from the
settlor or the executor of the settlor's
estate, as applicable.
If the settlor's entire GST exemption
is not allocated by the due date
(including extensions) of the settlor's
estate tax return, the exemption is
automatically allocated under the rules
of section 2632.
Transfers subject to an estate tax in-
clusion period. If a transferor made an
inter vivos transfer, and the property
transferred would have been includible
in the transferor's estate if he or she had
died immediately after the transfer
(other than by reason of the transferor
dying within 3 years of making the gift),
for purposes of determining the
2. The sum of:
a. Any federal estate tax or state
death tax actually recovered from the
trust attributable to the property and
b. Any charitable deduction allowed
under section 2055 or 2522 with respect
to the property.
Stocks and bonds. For stocks, give:
Round the applicable fraction to at
least the nearest one-thousandth (for
example, “0.001”).
Number of shares;
•
•
•
•
Whether common or preferred;
Issue;
Numerator (GST exemption). Every
individual settlor is allowed a lifetime
GST exemption to be allocated against
property that the individual has
transferred. For generation-skipping
transfers made through 1998, the
exemption was $1 million. The GST
exemption amounts thereafter are as
follows:
Par value where needed for
valuation;
Price per share;
•
•
•
Exact name of corporation;
Principal exchange upon which sold,
if listed on an exchange; and
CUSIP number.
•
For bonds, give:
Quantity and denomination;
Name of obligor;
•
•
•
•
•
•
Year
1999
2000
2001
2002
2003
2004 and 2005
2006–2008
2009
Amount
$1,010,000
$1,030,000
$1,060,000
$1,100,000
$1,120,000
$1,500,000
$2,000,000
$3,500,000
$5,000,000
$5,120,000
$5,250,000
$5,340,000
$5,430,000
$5,450,000
$5,490,000
$11,180,000
$11,400,000
$11,580,000
$11,700,000
inclusion ratio, an allocation of GST
exemption will only become effective at
the close of the estate tax inclusion
period (ETIP).
The value of the property for the
purpose of figuring the inclusion ratio is
the estate tax value if the property is
included in the transferor's gross estate,
or its value at the close of the ETIP.
Date of maturity;
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Interest rate;
Interest due date;
Principal exchange, if listed on an
exchange; and
CUSIP number.
•
.
.
If the stock or bond is unlisted, show
.
.
.
.
.
.
the company's principal business office.
2010 and 2011
The CUSIP (Committee on Uniform
Security Identification Procedure)
number is a nine-digit number that is
assigned to all stocks and bonds traded
on major exchanges and many unlisted
securities. Usually the CUSIP number is
printed on the face of the stock
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
The ETIP closes at the earliest of:
1. The time the transferred property
would no longer be includible in the
settlor's estate,
2. The date of a generation-
skipping transfer of the property, or
certificate. If the CUSIP number is not
printed on the certificate, it may be
obtained through the company's
transfer agent.
Other personal property. Any
personal property distributed must be
described in enough detail that the IRS
can value it.
3. The date of death of the settlor.
Denominator (valuation of trust as-
sets). In general, the value to be used
in the applicable fraction is the gift tax
value for an inter vivos transfer as long
as the allocation of the GST exemption
was made on a timely filed gift tax
A valid Deceased Spousal
Unused Exclusion Amount
(“DSUE ” or portability) election
!
CAUTION
return. The value of a testamentary
Column d. Inclusion Ratio
Note. The trustee must provide the
inclusion ratio for every distribution.
All distributions, or any part of a single
distribution, that have different inclusion
ratios must be listed as separate items
in column a.
by an executor of a deceased spouse's
estate does not apply to or impact GST
tax exemption.
transfer is generally the estate tax value.
If the allocation of the exemption to
an inter vivos transfer, made before
January 1, 2001, is not made on a
timely filed gift tax return, the value for
purposes of the applicable fraction is
the value of the property transferred at
the time the allocation is filed with the
IRS.
For existing trusts, transferors may
allocate the additional GST exemption
amount attributable to section 2631(c)
increases if they otherwise qualify under
the existing rules for late allocations. For
more information, see section 2632 and
Multiple transfers into a trust, later.
The inclusion ratio is the excess of 1
over the applicable fraction determined
for the trust from which the distribution
was made.
-4-
Qualified terminable interest
property. For qualified terminable
interest property (QTIP) that is included
in the estate of the surviving spouse of
the settlor because of section 2044,
unless a special QTIP election has been
made under section 2652(a)(3), the
surviving spouse is considered the
transferor under section 2652(a) for
GST purposes, and the value is the
estate tax value in the estate of the
surviving spouse.
A special QTIP election allows
property for which a QTIP election was
made for estate or gift tax purposes to
be treated for GST tax purposes as if
this QTIP election had not been made. If
the special QTIP election has been
made, the predeceased settlor spouse
is the transferor and the value is that
spouse's estate or gift tax value under
the rules described above. Either the
settlor spouse or the executor of the
settlor spouse's estate must make the
special QTIP election.
attributable to such property) and any
charitable deduction allowed with
respect to such property and
2. The value of all property in the
trust immediately before the current
transfer.
Paperwork Reduction Act Notice.
We ask for the information on this form
to carry out the Internal Revenue laws of
the United States. You are required to
give us the information. We need it to
ensure that you are complying with
these laws and to allow us to figure and
collect the right amount of tax.
Charitable lead annuity trusts. For
distributions from a charitable lead
annuity trust, the numerator of the
applicable fraction is the adjusted GST
exemption as defined below. The
denominator is the value of the trust
immediately after termination of the
charitable lead annuity.
You are not required to provide the
information requested on a form that is
subject to the Paperwork Reduction Act
unless the form displays a valid OMB
control number. Books or records
relating to a form or its instructions must
be retained as long as their contents
may become material in the
The adjusted GST exemption is the
sum of:
administration of any Internal Revenue
law. Generally, tax returns and return
information are confidential, as required
by section 6103.
1. The exemption allocated to the
trust and
2. Interest on the exemption
determined at the interest rate used to
figure the estate or gift deduction for the
charitable lead annuity and for the
actual period of the charitable lead
annuity.
The time needed to complete and file
this form will vary depending on
individual circumstances. The estimated
average time is:
ETIP. If an individual could not make
a timely allocation of exemption
In the case of a late allocation, the
amount of interest accrued prior to the
date of allocation is zero.
Recordkeeping. . . . .
1 hr., 33 min.
1 hr., 46 min.
42 min.
because of an ETIP, the value of the
property for the purpose of computing
the inclusion ratio is the estate tax value
if the property is includible in the
Learning about the
law or the form . . .
Column e. Value
Enter the value of the property
distributed from the trust at the time of
distribution.
Preparing the
form . . . . . . . . . . .
transferor's gross estate. If the property
is not includible in the transferor's gross
estate, the property is valued at the
close of the ETIP, provided that the GST
exemption is allocated on a timely filed
gift tax return for the calendar year in
which the ETIP closes.
Copying,
assembling, and
sending the form
to the IRS . . . . . . .
Part III—Trust Information
Line 4
20 min.
An arrangement that has substantially
the same effect as a trust will be treated
as a trust even though it is not an
explicit trust. Examples of such
Multiple transfers into a trust. When
a transfer is made to a pre-existing trust,
the applicable fraction must be
We welcome your comments about
these instructions and your suggestions
for future editions. You can send us
comments through IRS.gov/
recomputed. The numerator of the new
fraction is the sum of:
arrangements are insurance and
annuity contracts, arrangements
involving life estates and remainders,
and estates for years. Nonexplicit trusts
do not include decedent's estates.
FormsComments. Or, you can write to
the Internal Revenue Service, Tax
Forms and Publications, 1111
1. The exemption allocated to the
current transfer and
2. The nontax portion of the trust
immediately before the current transfer
(the product of the applicable fraction
and the value of all of the property in the
trust immediately before the current
transfer).
Constitution Ave. NW, IR-6526,
Washington, DC 20224.
In the case of a nonexplicit trust, the
trustee is the person in actual or
constructive possession of the property
involved.
Although we can't respond
individually to each comment received,
we do appreciate your feedback and will
consider your comments as we revise
our tax forms, instructions, and
publications. Do not send the tax form to
this address. Instead, see Where To
File.
Line 5
The denominator of the new fraction
is the sum of:
1. The value of the current transfer
(minus any federal estate tax or state
death tax actually paid by the trust
Whenever property is transferred into a
pre-existing trust, the inclusion ratio
must be refigured. See Multiple
transfers into a trust for the rule on how
to refigure the inclusion ratio.
-5-