By Steven J. Oshins, J.D., AEP (Distinguished)
Nationally renowned asset protection and estate tax planning attorney, Steven J. Oshins has released the 3rd Annual Non-Grantor Trust State Income Tax Chart. This chart is an easy-to-use summary for practitioners to save state income tax for their clients by moving and fixing any existing trusts that are needlessly paying state income tax and therefore dragging down the trust’s asset base. It lays out the trust income tax rules for all fifty states and Washington, D.C. in a concise user-friendly manner.
For more information about this subject, please see Steve’s newsletter article entitled, “Release of 1st Annual Non-Grantor Trust State Income Tax Chart” in our August 2015 issue and listen to his 90-minute presentation entitled, “Saving Federal and State Income Taxes Using a Non-Grantor Trust”, co-presented with Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA.
Details: 2 pages, PDF file (requires Adobe® Reader).