If a trust is subject to high state income taxes, you may be able to change its residence to a state with low or no income taxes. While the advantages are many, it’s important to review both states’ laws for determining a trust’s “residence” for tax and other purposes. Typically, states make this determination based
trust income Archives - Crawford Ellenbogen
Mar 19, 2019
Moving a trust over state lines can offer tax savings and other benefits
- By Ellenbogen
- Estate, Taxes
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