Section 2503(c) Trust
What is it? A trust that meets the requirements of Internal Revenue Code Section 2503(c), and so allowing current gift tax exclusions for gifts made to minors that they cannot immediately use. Often used in funding educational expenses.Added By: Natalie
The Section 2503(c) Trust definition has been viewed 92 Time(s)!
Send To Friends!
If you'd like to send the Section 2503(c) Trust definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Section 2503(c) Trust. If you need any more information on this term, please don't hesitate to contact us.