Section 2518 Of The Internal Revenue Code

Internal revenue code section 2518.

Section 2518 of the internal revenue code. For purposes of this subtitle if a person makes a qualified disclaimer with respect to any interest in property this subtitle shall apply with respect to such interest as if the interest had never been transferred to such person. Decedent executed trust on date 1 and amended trust during his lifetime. 2518 b 1 such refusal is in writing.

General rule a for purposes of this subtitle if a person makes a qualified disclaimer with respect to any interest in property this subtitle shall apply with respect to such interest as if the interest had never been transferred to such person. Read the code on findlaw. B qualified disclaimer defined.

2518 of the internal revenue code and the proposed reformation of a trust created under section 3 of article iii of trust will be a qualified reformation under 2055 e 3. 2518 b qualified disclaimer defined for purposes of subsection a the term qualified disclaimer means an irrevocable and unqualified refusal by a person to accept an interest in property but only if i r c. Internal revenue code 26 usca section 2518.