New Year, Fresh Start: Tax-Planning Tools for Fiduciary Income Tax
The Legal Intelligencer
The importance of fiduciary income tax planning is often over looked by fiduciaries. Proper and diligent planning can yield tremendous benefits to estates, trusts, and beneficiaries if fiduciaries are on top of income tax planning strategies, elections and deadlines. Although last year has come to a close, fiduciaries still have some tools at their disposal that they can use to minimize last year’s tax bill to estates, trusts and beneficiaries. Below are a number of considerations, strategies, and elections that fiduciaries should have on their radar as we start the new year.
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