4 ms·
They reduced the scope of new ones but leave old ones alone? Seems like it should apply to all or none.
by pottertheotter 6y ago
They reduced the scope of new ones but leave old ones alone? Seems like it should apply to all or none.
- sjg007 6y agoThese things are grandfathered in.
- toast0 6y agoCharitable remainder trusts are setup as irrevocable, if properly drafted. It would be difficult to equitably unwind them after the fact. Changing how CRUTs are treated ex-post facto would also raise doubts about how Roth IRAs will be treated. There's already people who don't trust that the federal government will keep those tax free.
- pottertheotter 6y agoThere are all sorts of decisions made based partially on taxes that the government later changes going forward. And those changes cause a ton of issues. Just seems like should all be one way or the other.