ESTATE TAX. The Proposed Tax Regulations provide that, upon the death of the Beneficiary, all amounts remaining in the STABLE Account are includible in the Beneficiary’s gross estate for purposes of the federal estate tax.
Appears in 2 contracts
Samples: Plan Disclosure Statement and Participation Agreement, Plan Disclosure Statement and Participation Agreement
ESTATE TAX. The Proposed Tax Regulations provide that, upon the death of the Beneficiary, all amounts remaining in the STABLE Account are includible in the Beneficiary’s gross estate for purposes of the federal estate tax. The payment of outstanding Qualified Disability Expenses and the payment of claims made by a state under its Medicaid plan may be deductible for estate tax purposes if the requirements of Section 2053 of the IRC are satisfied.
Appears in 1 contract
Samples: Plan Disclosure Statement and Participation Agreement
ESTATE TAX. The Proposed Tax Regulations provide that, upon the death of the Beneficiary, all amounts remaining in the STABLE Account account are includible in the Beneficiary’s gross estate for purposes of the federal estate tax.
Appears in 1 contract
Samples: Plan Disclosure Statement and Participation Agreement
