Executors who intend to elect portability should complete Section B of Part 6 of the form if any of the estate's assets are being transferred to a qualified domestic trust, and Section C to calculate the deceased spouse's unused exclusion.
What does QDT stand for?
QDT stands for Qualified Domestic Trust (estate planning)
This definition appears frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of QDT
We have 15 other meanings of QDT in our Acronym Attic
- Queensland Dance School of Excellence
- Quick and Dirty Solution Manager
- Qualified Data Security Professional
- Q-Bus Dragon Sub-System
- Qingdao Dongyue Sodium Silicate Co., Ltd. (est. 1943; China)
- Queensland Disability Service Standards (Australia)
- Quick Deploy Satellite System (Comtech Mobile Datacom Corporation)
- Quick Detach Sound Suppressor (Knight's Armament Company)
- Data (File Name Extension)
- Qualified Disability Trust
- Quantum Dental Technologies (Toronto, ON, Canada)
- Quantum-Defect Theory
- Queisser Daten Technik (German telecommunications company)
- Quiet Drive Technology (Quantum)
- Quintessence of Dental Technology (annual publication)
- Quantitative Differential Thermal Analysis (chemistry)
- Dusseldorf, Germany - Main Train Station (Airport Code)
- Quantization Distortion Units
- Queensland Debating Union (Australian Debating Federation; Toowong, Queensland, Australia)
- Quick Deposit Unit (banking)
Samples in periodicals archive:
In order to receive a similar benefit of the estate tax marital deduction, the assets must be transferred to a qualified domestic trust (QDOT).
In addition, the IRS has confirmed that assets placed in a qualified domestic trust, including an IRA, constitute qualified terminable interest property and therefore allow the marital deduction.
Issued The IRS issued final regulations55 governing the income, gift and estate tax consequences of qualified domestic trusts (QDOT's).
Exploring all legislation and regulation in this complex, changing area of taxation, this book covers key topics including: deathbed transfers, charitable trusts, valuation, gifts to minors, unified credit, jointly-held property, proceeds of life insurance, qualified domestic trusts, marital deductions, common disaster provisions, powers of appointment, etc.
2056(d)(2), property passes to the surviving spouse in a qualified domestic trust (QDOT) (as defined in Sec.
citizen surviving spouse through the use of a qualified domestic trust (QDT).
The estate of a citizen may claim a marital deduction for property left to an alien spouse (whether resident or nonresident) only if the property passes in a qualified domestic trust (QDT).