The inability to identify individual split
gifts for purposes of electing out of the deemed-GST-exemption allocation was compounded when the deemed-allocation rules were extended to lifetime indirect-skip transfers.
While some academics call a stock split
a non-event, Roger Perry, CEO of Rightline.
declared a five-for-four stock split
in the fourth quarter last year, the stock dividend increased by just 25%.
When 805 is split
, it will create the state's 24th area code, although the new 805 code will have a life span of a decade, while the new code to the east may last up to 17 years.
Written comment on the split
can be submitted through Friday.
If a husband transfers property to a trust for the benefit of his wife and children (income and principal to be distributed within the trustee's discretion), he cannot split
the gift with his wife because of her interest in the trust.
If a married couple consents to split
its gifts with third parties during a calendar year, all of these gifts are treated as having been made one-half by each spouse.