What Taxes do Trusts Pay?
Harry S. Margolis
By Harry S. Margolis
Trusts pay taxes on income like individual taxpayers, whether this consists of investment income such as dividends, interest
Contact Us: 781-705-6400
Contact Us: 781-705-6400
By Harry S. Margolis
Trusts pay taxes on income like individual taxpayers, whether this consists of investment income such as dividends, interest
Probate administration involves a lot more than dealing with the probate court. As a result, avoiding probate eliminates only a small part of the necessary tasks when someone dies.
In the unfortunate case of Liporto v. Liporto the Massachusetts Land Court says trust must distribute real estate to beneficiaries
Being a trustee is a big responsibility but problems can be avoided if the trustee pays attention to their duties as trustee and uses best efforts to fulfill them.
Survey of issues parents must answer in creating a special needs trust for their child.
Fundamental estate planning for new, young parents
If your estate plan includes a trust and it’s more than a few years old, or there has been a change in your family circumstances, it’s time to have it reviewed.
Questions to consider before making an advance long-term care plan
The plot of George Clooney’s film, The Descendants, is driven by an ancient estate planning law, the “rule against perpetuities”
The difficult decisions to be made in drafting special needs trusts involve the extent of trustee discretion to make or withhold distributions.