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Answer:
First, most trusts are designed to avoid taxes from the get-go.
Second, it would entirely depend on the amount and what the distribution was for.
Third, and probably most importantly, Congress, accidentally (on purpose) let inheritance taxes expire. But, even if left as it was, only the very wealthy paid any inheritance taxes. However, that "slip up" will cost charities, billions.
Second, it would entirely depend on the amount and what the distribution was for.
Third, and probably most importantly, Congress, accidentally (on purpose) let inheritance taxes expire. But, even if left as it was, only the very wealthy paid any inheritance taxes. However, that "slip up" will cost charities, billions.
First answer by Marcelblanc.
Last edit by Marcelblanc.
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