The Two-Year S Corporation Trap in Your Late Parent's Revocable Trust: Docket the QSST or ESBT Election the Day of Death, Not the Day the Grace Period Ends
A farmer, a contractor, or a small manufacturer puts his S corporation stock into his revocable living trust, as he should. He dies. The trustee, a grieving daughter with a good accountant and a busy life, administers the trust…

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