### Question
Can you define what electing Settlement Trust means?


### Answer
**Electing Settlement Trust** is defined as the following in *26 U.S.C. § 646*:

> a Settlement Trust which has made the election, effective for a taxable year, described in subsection (c)

#### Citation:
  - *26 U.S.C. § 646*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter J-Estates, Trusts, Beneficiaries, and Decedents > PART I-ESTATES, TRUSTS, AND BENEFICIARIES > Subpart A-General Rules for Taxation of Estates and Trusts**

