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 ...

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 ...

After reading this article, someone making this decision will have a better understanding of the differences between a grantor and non-grantor trust and the tax benefits of both. Grantor trust ...

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 ...

The receipt of an estate tax closing letter generally indicates that the estate ... 1014(a) does not apply to the assets held by an irrevocable grantor trust when the grantor dies if the grantor’s ...

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.