M
MarkPJones
Guest
My Dad died late last year. He had estbalished a marital deduction trust agreement to protect his $675k exemption. The trust agreement says everything beyond the $675k goes to my Mom "free of trust", but he has the trust as beneficiary for his life insurance and profit sharing plan, which together exceed the $675k by a significant amount. Once these are paid to the trust, how are they transferred to my Mom so as not to create a tax liability ?