DENNYCARR
Level 3

Yes; the gross estate was primarily tod stock. The remainder was stock without tod. Legal fees exceeded probate estate assets and tod beneficiaries helped pay legal fees with the tod assets (ie assets passing outside of the probate estate but included in the gross estate for estate tax purposes since decedent held power over tod assets up to moment of death). So income from tod assets are not included on 1041 but income from non tod assets are. Thanks for your reply. 

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