Elaine Gagliardi on Qualified Terminable Interest Property (QTIP): Inclusion in Survivor's Gross Estate (PDF)
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Pursuant to I.R.C. Section 2044, property includable in the decedent surviving spouse's gross estate is property for which an I.R.C. Section 2056(b)(7) deduction was taken in the predeceased spouse's gross estate or property transferred to the decedent spouse and for which, pursuant to I.R.C. Section 2523(f), a gift tax deduction was taken on the gift tax return.
Elaine Gagliardi earned her J.D. from the University of Montana School of Law and her LL.M in taxation from New York University. She is a professor of law at the University of Montana School of Law, where she teaches courses in business organizations and estate planning. She also continues to practice in the estate planning area with George Law Offices, Missoula, Montana. She previously practiced with Perkins Coie in Seattle and with Day, Berry & Howard in Hartford, Connecticut. Elaine is past chairperson of the Business, Estates, Trust, Tax and Real Estate Section of the State Bar of Montana. Professor Gagliardi is the update author of How to Save Time & Taxes Handling Estates and the co-author of Modern Estate Planning (Second Edition) (with Professors J. Martin Burke & Michael Friel).
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