Effective Trust Planning – Introduction To Trusts (2013)
What are the general types of trusts commonly used and advantages and disadvantages of each, such as identifying what a grantor trust is and where it can be useful? The differences between revocable and irrevocable, and particularly the tax treatment of each, will be covered. Also discussed will be the income tax disadvantages of trusts which accumulate income under the most recent tax legislation, and the impact of the capital gain tax and the Affordable Care Act tax on accumulation trusts.
Michael E. O’Connor, Esq., DeLaney & O’Connor LLP, Syracuse
1.5 MCLE Credits
- October 23, 2013
- Online On-Demand
- 1hr 15min