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Texas Ethics Commission P.O. Box 12070 Austin, Texas 787112070 (512)4635800 SPECIFICPURPOSE COMMITTEE CAMPAIGN FINANCE REPORT F ORM SPAC C OVER S MEET PG 1 1 ACCOUNT # The SPAC I INSTRUCTION GUIDE
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Prater is a tax imposed on the transfer of assets from an estate or trust to its beneficiaries.
The executor or trustee of an estate or trust is required to file prater.
Prater can be filled out by providing information about the assets being transferred, their value, and the beneficiaries.
The purpose of prater is to ensure that the transfer of assets is properly taxed.
Information such as the value of the assets being transferred, the relationship of the beneficiaries to the decedent, and any deductions or exemptions claimed.
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