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The 5-Second Trick For does a trust issue a k-1

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A possible good thing about setting up a trust is avoiding estate taxes. Provided that the trust is irrevocable and you relinquish control of it, it may decrease estate tax liability. But revocable trusts remain Portion of the taxable estate. Since the trust creator nonetheless has Manage about assets within https://bookmarkshq.com/story22420396/rumored-buzz-on-personal-trusts-estate-planning

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