Becoming a trustee for a parent's trust is usually a crash course in tax filings, financial management and fiduciary responsibilities…
Read MoreDo You Need a Professional Successor Trustee?
Do you have a living trust? If so, you need a successor trustee who operates the trust and makes sure it is properly distributed to beneficiaries…
Read MoreThe Negative Impact of Retaining Income in a Trust
As a result of the Affordable Care Act, almost all trusts with net taxable income in excess of $12,300 are realizing an additional 3.8% Net Investment Income Tax (NII Tax) on Net Investment Income (NII) retained...
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