cancellation of debt incmoe

cancellation of debt incmoe
Forum topic posted in Charitable Lead Trusts by Rick Huff on 5 October 2011| comments
audience: | last updated: 6 October 2011
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Wed, 10/05/2011 - 20:00
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Rick Huff
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Joined: 01/20/2000
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With a charitable lead trust - beneficiaries receive note after trust terminates and they are the lenders.

Can they "cancel" the note with no issues of "Cancelltion of Debt" income?

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