Tax Court Denies Deduction of Administrative Expenses From Estate

A Tax Court ruling reaffirmed estate inclusion rules governing qualified terminable interest property (QTIP) trusts and the requirements for valuation of QTIP assets and determination of expenses. It also presents yet another lesson in how estate plans and family challenges can pose difficulties for all. 

https://www.wealthmanagement.com/estate-planning/tax-court-denies-deduction-administrative-expenses-estate