Simple and complex trusts, however, have to directly pay taxes on all income, assets and tax events. Trusts pay federal, state and (when applicable) local taxes. However, this article will only ...

I help families thrive. Generally, the Net Investment Income Tax (NIIT) applies to all trusts and estates that are subject to income taxation. The NIIT, applied to trusts and estates, equals 3.8 ...

Smartly setting up trusts requires knowledge of state tax laws, not just federal rules. Consider Robert L. McNeil, a chemist and onetime Pennsylvania resident who amassed a fortune as the business ...

This also means the assets in the trust can grow unburdened by taxation. Assuming one of your goals for establishing the trust is to pay as little tax as possible, there are a few ways to avoid ...

A-B trusts have become less popular because the estate tax exemption covers most estates. An A-B trust is a joint trust created by a married couple. Upon one spouse's death, the trust splits into ...

The substantial grievance of banks in this State, so far as they are in competition with trust companies, lies in the difference in the taxation of the two classes of institutions. There are trust ...

Dynasty trusts can last up to 1,000 years – about 40 generations – in Florida and other states. Users of the tax-saving tactic include Jeff Bezos' family and would-be senator Dave McCormick.

Benefits of putting a home in a trust can include tax savings and avoiding probate court. When you purchase a home, your name ...

Simple and complex trusts, however, have to directly pay taxes on all income, assets and tax events. Trusts pay federal, state and (when applicable) local taxes. However, this article will only ...