The Often Forgotten Fiduciary Income Tax Obligations of Trusts

By WealthCounsel Staff on May 28, 2021 10:00:00 AM

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Although trusts are effective estate-planning tools used to avoid probate and minimize estate and gift taxes, their income-tax implications must also be considered to ensure that there are no unintended tax consequences. The drafting attorney should point out the advantageous and disadvantageous fiduciary income-tax implications for the type of trust being considered and then determine which trust is the best fit for the client. 

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Navigating the Trust Administration Journey

By WealthCounsel Staff on May 21, 2021 10:00:00 AM

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Navigating a postdeath trust administration can be daunting, and attorneys must have the necessary skills, knowledge, and competence to diligently and effectively provide legal services to fiduciary clients during this process.

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2021 Document Management Buyers Guide For Attorneys

By WealthCounsel Staff on Apr 30, 2021 10:00:00 AM

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We are excited and honored to announce our participation in the 2021 Document Management Buyers Guide! The e-book, released by Legal Tech Publishing, spotlights innovative legal technology products for attorneys.

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