Setting up our investments as a Trust fund?
Posted 08-13-2020 at 12:30 PM by jdhpa
Quote:
Originally Posted by jiminnm
I suggest you also consider taxation. If the trust is revocable by you, then the income is considered to be yours and taxed as such. If the trust is irrevocable, then the trust has taxable income that will be higher than personal rates.
https://www.thetaxadviser.com/newsle...usts-tcja.html
https://www.thetaxadviser.com/newsle...usts-tcja.html
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