Common use of ESTATE TAX Clause in Contracts

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.

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.

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.