Question: I have a revocable trust that I’m planning to dissolve, disbursing the funds to myself and wife as we decide. In past distributions, capital gains, dividends, interest have passed [...]

Question: A foreign corporation (Panamanian) owns a townhouse in Florida. My dad is the owner of the corporation. The corporation needs to be reinstated and my dad wants me (a U.S. citizen) to [...]

Question: A client who is a citizen and resident of Brazil, but owns U.S. property would like to create a trust governed by Michigan law and transfer the U.S. property to the trust. The trust [...]

Question: My sister who lived in the Massachusetts has passed away. In her will, she asked that my other sister and me to manage a trust fund until her daughters reach 30. My other sister and I [...]

Question: Must the trustee of an irrevocable trust with an EIN notify the IRS of the death of the primary beneficiary of the trust? Also, where interest on a CD is accumulating in the trust and [...]

Question: How is different income taxed in non-grantor trusts? For example, are capital gains taxed as income or at capital gains rates? Interest? Dividends? What is taxed and then considered [...]