Good morning Listmates. I read that a provision in the BBB results in double taxation for certain trusts. I am questioning whether this applies to revocable trusts containing real property, created for the purpose of avoiding probate as well as ILITs There is no income producing property in the revocable trust and the dividend in the ILIT is minimal. Thoughts please. Stu Forman IMPORTANT NOTICE: Never trust wiring instructions sent via email. Cyber criminals are hacking email accounts and sending emails with fake wiring instructions. These emails are convincing and sophisticated. Always independently confirm wiring instructions in person or via a telephone call to a trusted and verified phone number. Never wire money without double checking that the wire instructions are correct. Stuart A. FormanAttorney at Law450 Seventh AvenueSuite 1304New York, NY 10123Tel: 212-244-0110Fax: 212-244-3686Email: firelaw56@aol.comEmail: lawfire56@gmail.com