2024-11-19 15:00News

IRS "Smell Test" Strikes Again

The IRS announced the inflation adjustments for the 2025 tax code.  Details in the transfer tax area lead off this edition.
Also in this issue:
            • An update to an earlier Study this year on RMDs, based on IRS Final Regs.
            • The “smell” test
            • Extension allowed for GSTT election
            • On the failure of last-minute planning
            • Scorecards
When you or your clients are in need of fiduciary services, please look to TI-TRUST, Inc.

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About TI-TRUST, Inc.

TI-TRUST is a leading provider of fiduciary services for Retirement Plans, Personal Trust, and Farm Services. With solid core values and decades of proven commitment to high ethical standards, our experienced team of financial, legal, and administrative professionals is dedicated to earning and maintaining our clients' trust and confidence. Founded sixty-five years ago in Quincy, Illinois, we have locations in Illinois and Missouri and hold over $17 billion in managed assets for individuals and institutions nationwide.


Contacts

Larry Shepherd
Executive Vice President, Personal Trust
Larry Shepherd