Having Disconnects and Conflicts in the Office Right Now?

By Kristina Schneider, Practice-Building & Marketing Specialist With everything going on in the world right now, it is safe to say that most people are under much more stress than usual.  From concerns about health and safety, managing the constantly changing day-to-day barrage of headlines and politics, to feeling a whole spectrum of emotions about all the change that has happened in such a short period of time.  Business owners and employees with young children are having to juggle their own set of challenges trying to navigate the upcoming school year, while the technologically-challenged have been completely overwhelmed with a…

6th Annual Non-Grantor Trust State Income Tax Chart Released!

By  Steven J. Oshins, Esq., AEP (Distinguished) Different states have different rules as to what creates a “resident trust” that is subject to taxation in that state.  States may tax a trust based on the residency of the settlor or testator, based on whether there is a resident trustee or beneficiary or whether there is administration in that state, or for a combination of these factors and/or other similar factors. So it isn’t as easy as simply situsing a trust in a state with no state income tax.  You have to look at the state taxing statutes that may apply….