4th Annual Non-Grantor Trust State Income Tax Chart

By Steven J. Oshins, J.D., AEP (Distinguished)

Nationally renowned asset protection and estate tax planning attorney, Steven J. Oshins, has put together this chart which is an easy-to-use summary that should open up opportunities for practitioners to save state income tax for their clients both with newly-created non-grantor trusts and by moving and fixing any existing non-grantor trusts that are needlessly paying state income tax and therefore dragging down the trust’s asset base. The new $10,000 state and local tax deduction limitation magnifies this problem, thereby bringing state income tax planning into the spotlight.

Originally released in 2015, this chart is updated for 2018.