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Old 07-14-2003, 05:57 AM
Dave Woods, EA
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Default Re: Trust taxes

"VSLARRY[at]weizmann.weizmann.ac.il" wrote:

- quote -

> If investments are put in trust for a person incapable
> of handling large sums of money, what are the tax
> ramifications. We intend to go through a lawyer, but
> I am just looking for a general feel of the matter first.


You cannot get an answer to this without a full listing of
the facts. You'd have to start with the type of trust and
go from there. However the tax treatment of the investment
activity is the same regardless of type of trust as it would
be for anyone else.

--
David M. Woods, EA
Boston, MA 02109

Postings here are general information only and not to be
relied upon as advice.

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Old 07-13-2003, 08:28 AM
VSLARRY@weizmann.weizmann.ac.il
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Posts: n/a
Default Trust taxes

If investments are put in trust for a person incapable
of handling large sums of money, what are the tax
ramifications. We intend to go through a lawyer, but
I am just looking for a general feel of the matter first.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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