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

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Stuart A. Forman
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