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IDIT

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AcronymDefinition
IDITintentionally deficient irrevocable trust
IDITInterdigital Intratransducer
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An IDIT is an irrevocable trust that takes advantage of a disparity between the income and estate tax treatments of a trust containing certain powers under Secs.
Planning in turbulent times: IDITs by Lewis, Alev T. / The Tax Adviser
An IDIT is an irrevocable trust; it takes advantage of a disparity between the income and estate tax treatments offered certain trusts under IRC sections 674 and 675.
Intentionally defective irrevocable trusts; estate planning for ... by Laffie, Lesli S. / Journal of Accountancy
An IDIT is a trust that has one or more of the powers described in IRC secs.
Intentionally defective? Estate planning with intentionally defective ... by Woodford, John / California CPA
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