The Listen to Lawrence Letter: Multiple Look-Backs September 24, 2024 The Listen to Lawrence Letters September 3, 2024 • Volume 5 Issue 275 There can be multiple look-backs….read on: CLIENT QUESTION: Please and thank you… If a recently acquired property is added to an irrevocable trust created more than five years ago, does everything in the trust go back to time zero, or does the clock start running for only the newly added property? Many thanks. MY RESPONSE: Only on the newly added property. I hope this helps. CLICK RIGHT HERE TO SEND A QUESTION TO LAWRENCE Share This
