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The Spendthrift Trust & Trust Expenses
Manage episode 354517082 series 3373033
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If you've ever wondered how trust expenses work with trust assets and beneficiaries expenses, you've come to the right place, although the answers may not be what you're expecting. In this episode, I explain how the trust works with IRC 643(b) to fund the trust with non-taxable passive income and capital gains taxes exemptions; how this money can pay trust expenses; what those expenses are and what the exceptions to the rules are. Enjoy!
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