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Featured Article: Are there Tax Consequences if You Disclaim an Interest in Property from a Trust? - posted: November 4, 2006 - author: Michael Pancheri - Question: I am the primary beneficiary of a trust set up by my mother and my 2 daughters (ages 27 and 30) are also beneficiaries. The balance of the trust is to be distributed soon and my daughters want to disclaim any interest in it, so it will all go to me. My question is, what are the tax consequences of this arrangement? click here for full text.
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