Quick ReadDavid and Linda used the IRS Applicable Federal Rate to loan Emily $400,000 for a home, saving her an estimated $43 ...
Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. In March 2025, the U.S. Tax Court delivered a pivotal ruling in Estate of ...
• Intrafamily loan upheld—In Estate of Barbara Galli v. Commissioner, Docket Nos. 7003-20 and 7005-20 (March 5, 2025), the Tax Court held for the taxpayer that an intrafamily interest-only loan at the ...
The May 2025 Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 5.00%, which is the same as the April 2025 Section 7520 rate. The May applicable federal ...