Nunn CO | red1962 - 1/7/2019 21:14
what happens when trust is dissloved tax wise ?
Depends on the type of trust.
One of the more common trusts is an irrevocable trust. Essentially boils down a trust which cant be modified. Pretty much means that the property is owned by the trust and since the trust isn't alive it never dissolves.
I'm sure they can have terms but even if you put a 100 year term on it thats so many generations after your life.....
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