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New York Living trust - DOES A TRUST AVOID INCOME TAXES.


There are no substantive income tax advantages in the use of a Living Trust. The grantor is treated as the owner of the trust for income tax purposes, and must report all trust income on his or her personal return under the "grantor trust" income tax rules.
 
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Problems solved by estate planning  

Problems Solved by Estate Planning
A living trust can solve many of the problems encountered in estate planning. Some ...

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Try to avoid probate with Living Trust  

Try to Avoid Probate with Living Trust
First of all, what is probate? We've heard various things about probate and we pretty ...

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The AB living trust saves taxes  

The AB Living Trust Saves Taxes
Some people must consider federal estate tax when planning their finances. Estate tax ...

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