We are going to provide some information about taxes on living trust distributions in this post. But before we address this central question, we should provide some general information about the benefits that these trusts provide. Lump Sum Inheritance Concerns You may have concerns about leaving a direct, lump sum inheritance to someone that is on your list. Some folks have a proven history of poor money management, and there are young people that simply may not be prepared to handle a … [Read more...] about Are Living Trust Payouts Taxed?
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