How is capital gains tax handled in an irrevocable trust?
Irrevocable trusts, powerful tools in estate planning, often raise complex questions regarding tax implications, particularly when it comes to capital …
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What are the reporting requirements for high-value trusts?
Navigating the world of high-value trusts requires meticulous attention to detail, particularly when it comes to reporting requirements. These aren’t …
What are the most common mistakes in setting up a special needs trust?
Establishing a special needs trust (SNT) is a crucial step for families seeking to protect the financial future of a …
What are the formalities required to make a trust legally valid?
Establishing a legally sound trust in California, and specifically with a San Diego trust attorney like Ted Cook, requires meticulous …
What are the disadvantages of a living trust?
Living trusts are frequently touted as superior estate planning tools, and for many, they are. However, it’s crucial to understand …
What are the annual reporting obligations for the trust?
Navigating the world of trusts can often feel like deciphering a complex code, especially when it comes to annual reporting. …
What are digital assets in the context of a trust?
In the swiftly evolving digital age, our lives are increasingly intertwined with online accounts, cryptocurrency, and various forms of digital …
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Do I have to report inheritance to IRS? You won’t have to report your inheritance on your state or federal …
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What happens to a revocable trust when the grantor dies? When the maker of a revocable trust, also known as …