Legal Question in Wills and Trusts in Illinois
Late filing for IRS form 706
A firm had an estate and unaware of time table for filing IRS form 706. Now 8 years later another firm has the estate. How should they proceed?
Asked on 5/28/08, 2:33 pm
1 Answer from Attorneys
Jeffrey R. Gottlieb
Law Offices of Jeffrey R. Gottlieb, LLC
Re: Late filing for IRS form 706
They should proceed with great care.
It just depends on a whole host of factors beyond the scope of what can be detailed on a message board. Ultimately, the new firm should study the facts and make the appropriate determination.
Answered on 5/28/08, 2:48 pm