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mdeicke
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Are there any limits on the distribution of principal (cash) from a complex irrevocable trust? Does it matter if the distributions exceed the "gift" limit?

 
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Are there any limits on the distribution of principal (cash) from a complex irrevocable trust? Does it matter if the distributions exceed the "gift" limit?

"Does it matter if the distributions exceed the "gift" limit?"


No it does not matter, provided the distributions are made to the beneficiary(ies) specified in the trust instrument. 

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