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Eight Transfer and Income Tax Provisions in the "Fiscal Cliff Act"
The American Taxpayer Relief Act of 2012 (the Act), fondly known as the "Fiscal Cliff Act," contains a number of provisions affecting estates and trusts. It makes permanent a number of expiring tax provisions [more…]
What Powers Are Granted to a Trustee?
The powers the grantor gives you, the trustee, in a trust instrument include the buying and selling of assets, determining distributions to the beneficiaries, and even the hiring and firing of advisors [more…]
