From: jeffrey E. <[email protected]> Sent: Monday, April 17, 2017 10:29 PM To: Richard Joslin Subject: Re: Re: and the fees for structuring the phaidon transaction. ? =AO as part of his income tax planning.? I think so. dont=you? On=Mon, Apr 17, 2017 at 6:25 PM, Richard Joslin <[email protected]&g=; wrote: I will get you the backup for estate =tanning nondeductibity From: jeffrey E. [mailto:[email protected] Sent: Monday, April 17, 2017 6:18 PM To: Richard Joslin < <mailto Subject: Re: > > order to be deductible, the IRS <http://www.investopedia.com/terms=i/irs.asp> requires that estate planning fees <https://www.irs.gov/pub/irs-pdf/p550.pdf> must be paid: (1) for the production or collection=of income; (2) for the management, conservation or maintenance of property=held for the production of income; or (3) in connection with the determina=ion, collection or refund <http://www.investopedia.com/terms/r/refund.asp> of any tax. So how might this apply to estate planning fees? If, for example, the estate plan <http://www.investopedia.com/advisor-network/articles/051716/why-it=-so-important-update-your-estate-plan/> involves advice on the construction of income generating in=truments, such as an income trust <http://www.investopedia.com/terms/i/incometrust.asp> , or provides guidance on the use of property transf=r methods to avoid Federal or State Estate or Inheritance tax <http://www.investopedia.com/terms/e/estatetax.asp>, these would meet the I=S restrictions for the ability to deduct such expenses. Other examples mig=t include investment advice <http://www.investopedia.com/terms/i/investment-advice.asp> for trusts held by the estate, trust tax=preparation fees and account custodial fees while held by the estate Read more: Are estate planning fees tax deductible? I In=estopedia <http://www.investopedia.com/ask/answers/113015/are-es=ate-planning-fees-tax-deductible.aspifixzz4eYlkslWb> http://www.investopedia.com/ask/answers/=13