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

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A possible benefit of setting up a trust is keeping away from estate taxes. Providing the trust is irrevocable so you relinquish control of it, it may well lower estate tax liability. But revocable trusts remain A part of the taxable estate. Transfers to an irrevocable trust are gifts towards https://legalplansforsmallbusines11087.fare-blog.com/39398078/not-known-factual-statements-about-form-a-trust-online-with-estateplanning

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