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DOES A TRUST AVOID INCOME TAXES?

April 26, 2017avoid income taxes massachusetts bankruptcy lawyer massachusetts divorce lawyer massachusetts estate planning lawyer massachusetts immigration lawyer massachusetts real estate lawyer Trust

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DOES A TRUST AVOID INCOME TAXES?

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There are no substantive income tax advantages in the use of a living trust. The grantor is treated as the owner of the trust for income tax purposes, and must report all trust income on his or her personal return under the “grantor trust” income tax rules. Back to top.