Skip to main content
Search type Search syntax
Tags [tag]
Exact "words here"
Author user:1234
user:me (yours)
Score score:3 (3+)
score:0 (none)
Answers answers:3 (3+)
answers:0 (none)
isaccepted:yes
hasaccepted:no
inquestion:1234
Views views:250
Code code:"if (foo != bar)"
Sections title:apples
body:"apples oranges"
URL url:"*.example.com"
Saves in:saves
Status closed:yes
duplicate:no
migrated:no
wiki:no
Types is:question
is:answer
Exclude -[tag]
-apples
For more details on advanced search visit our help page
Results tagged with
Search options answers only not deleted user 121074

An organisation set-up to manage funds perputally.

2 votes

Did the tax laws regarding trusts significantly change?

Rul. 2023-2 addresses intentionally defective grantor trusts (IDGTs), which are irrevocable trusts that are the grantor's for income tax purposes but not for estate tax purposes. The issue pre-Rev. …
Stan H's user avatar
  • 7,926
2 votes

Tax Reporting and a Defective Trust

No, after the grantor's death, the IDGT becomes a regular trust. Distribution can be dictated by the trust, but how the trust is taxed is dictated by tax law. Income distributed to the beneficiaries i …
Stan H's user avatar
  • 7,926
4 votes
Accepted

Trust tax/debt concerns

This applies to the U.S.: Payments made from a trust are no longer in the trust and lose creditor protections. Unless there are other protections (e.g. state-level protections protecting certain trust …
Stan H's user avatar
  • 7,926