Graduated Rate Estate (GRE)
Effective January 1st 2016, estates may be designated as GREs in the first tax year to maintain the pre-2016 tax treatment of testamentary trusts. GREs are limited to one per decedent and only for 36 months.
Effective January 1st 2016, estates may be designated as GREs in the first tax year to maintain the pre-2016 tax treatment of testamentary trusts. GREs are limited to one per decedent and only for 36 months.