What is the Best Tax Plan for Legacy Trust for Family?
March 11, 2022
Question: We already have an estate plan set up with a revocable trust. Roughly 50% of our liquid assets are in regular and Roth IRAs;
Question: We already have an estate plan set up with a revocable trust. Roughly 50% of our liquid assets are in regular and Roth IRAs;
Question: I sold my house in December 2020. It was the only thing in my irrevocable grantor trust. Do I have to file a 1041
Question: Long ago, my parents created a family trust which required creating a survivor trust, credit shelter trust and QTIP trust upon the death of
Question: A final income tax return was filed for my parents’ trust in 2015. In 2021 the trust received income (approximately $2,400) from a claims
Question: In 2009, I developed seizures. I had a typical trust that provided that when mother died my sister and I would be co-trustees. In
Question: I have a family trust question that I’m wondering if you might be able to shed some light. My sister’s husband, George, currently 73,
Question: If I have an irrevocable trust and my trustee gets sued can my creditors attach my trust? Response: Probably not, but it depends on
Question: I am a trustee of three trusts each holding $8 million dollars. The investment manager who disburses the fees does not send 1099’s. What
Question: I am creating irrevocable trusts for my children and grandchildren about which I have several questions: To exclude assets from my taxable estate can
Question: Our Safe Harbor Trust allows the trustee to remove the assets in the trust and return them to the trustor if the trustee decides