Understanding Trusts Can Prevent Tax Issues
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May 02, 2014
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Posted by
CHWM | - Trust Administration
Individuals preparing estate plans that include trusts must understand the different tax implications to ensure that their surviving family members are taken care of and their assets are distributed according to their wishes. Trusts can be a convenient way to ensure a spouse or child is provided for over the long term. They allow a person to distribute wealth according to specific terms set forth and can often be more difficult to challenge than a will.
