States are all over the board in their taxation of income. This is doubly true when it comes to the taxation of nongrantor trusts. By using nongrantor trusts, you could avoid the state income taxation of property in that trust. Read on to learn more.
State Income Taxation of Nongrantor Trusts
Latest posts by Brandon McGee (see all)
- Complete Asset List is the Starting Point - January 26, 2023
- What is a Lady Bird Deed? - January 25, 2023
- Don’t Be a Turkey – Take Advantage of Your Annual Per Donee Exclusion Amount - January 24, 2023