EST2407. State Taxation of Trusts, Where is my trust taxed?

In this session, we will provide an overview of the state income taxation of trusts. States are all very different in the way they define residency for a trust. We will walk you through the state statutory guidance and constitutional application for the state income taxation of trusts. We will also provide you with some planning considerations to assist in the formation and maintenance of trusts.

Learning Objectives:

• Identify the basis of state income taxation of trusts.
• Recognize the constitutional contacts of state fiduciary income taxation.