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: I am trustee of an irrevocable trust holding just $25,000. I now want to cash out the trust — half to my brother, the other half to me. What kind of tax do I have to pay in New York? [...]