Message Font: Serif | Sans-Serif
No. of Recommendations: 6
Unless your stepmother provided final instructions in the trust documents to provide for specified charitable deductions, the contributions would be deductible for neither estate nor income taxes. Nothing that can be done now would change that non-deductibility.

Do you have a remedy through a lawsuit? Before making distributions for which no direct provisions are made in a an estate/trust; the executor/trustee should have consulted legal consul. If you had done so, and the attorney botched answer to such a basic question, you might have a case against the lawyer. I see no point in suing executor: he is your brother-in-law, he made the same mistake all three of you made, and there is no reason to believe that he should have known better.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.