How Your Trust Can Avoid Taxes by Changing States

October 28, 2019

Bottom Line, Inc.

By: Gideon Rothschild

The US Supreme Court recently ruled that just because the beneficiary of a trust lives in a certain state doesn’t necessarily mean that the state can impose income tax on the trust. It would violate the Due Process Clause of the 14th Amendment to the Constitution, the court ruled unanimously.

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