How Do I Fix Irrevocable Trust Tax Situation?
May 10, 2024
Question: In 2014, my wife and I became co-trustees of an irrevocable trust with our son as the beneficiary, for his future education. I have
Question: In 2014, my wife and I became co-trustees of an irrevocable trust with our son as the beneficiary, for his future education. I have
Question: My mother, a Massachusetts resident, passed away in October 2022. She had an irrevocable trust, established June 2011. The only asset in the trust
Question: My sister is the sole beneficiary of a small irrevocable third-party supplemental benefit trust which on her death provides for distribution of accumulated principal
Question: My husband and I have our home in an irrevocable trust with no income. Do we file a regular personal income tax return (1040)
Question: Can Trust Be a “Grantor” Trust After Grantor’s Death? I am the sole successor trustee and sole beneficiary of my mother’s Massachusetts grantor trust.
Question: My father passed away in August of 2023. He had a revocable trust naming me and my sister as co-executors. He had one bank
Question: Will Property in Trust Receive Step-Up Upon Beneficiary’s Death? My brother’s inheritance is in trust. It includes a 50% interest in my parent’s home
Question: My family has a trust that only holds property in Montana and $1,500 in cash left. The trustee has wasted money over the last
Question: Can Trustee Make Partial Distribution When One Beneficiary Has Not Signed Release? I am co-trustee of my parents’ trusts. All the funds have been at
Question: In Pennsylvania, does money in a third-party trust count as Medicaid income or asset if a beneficiary or his wife is on SSDI? Response: