Labels:book | reckoner | sky | windowpane OCR: of interests created after 1981. Pub. L. 97-34, s 426(a) 95 Stat 318 This history manifests Congressional intent protect the settled expectations of donees and donors property permitting disclaimer by the donee under the rules LT place when the interest was created Such protection was warranted beca iuse the new rules general have added more stringent requirements including more stringent timeliness requir ements Application of the new rules existing interests would unfairly upset those settled expectations. For that reason, Commissioner Estate of Copley. 194 F.2d 364 {7th 1952). aff"8 15 1950 ACA. 1965-2 the Seventh Circuit invoked Section 50i(b} to invalidate tax on post Gift Tax Act transfers because critical event had occurred before enactment the Act that made application of the tax u ...
(.png)
