We do not get a lot of tax cases decided by the Supreme Court, so when we get one, it is worth examining - even if it appears to be a very narrow ruling based on somewhat unusual facts. Some trusts may be able to file claims for refunds based on the recent decision in Kaestner. Others may wish to restructure their trust terms to come within the facts involved in the decision. Some states may need to review their laws to come within the guidelines of the decision.
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