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Section C Of The Internal Revenue Code


Definition of "Section 2503 (c) of the internal revenue code"

Tom Hayes
  Long & Foster Real Estate

Section of the code that qualifies the establishment of a trust for minors under which income can be accumulated until the minor reaches age 21. At that point, the accumulated income can be disbursed and the $10,000 annual gift tax exclusion for each beneficiary can be utilized.



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