Pulling money out of a trust can feel straightforward, but the tax consequences are often anything but. Depending on how the trust is set up and what type of funds you withdraw, a distribution could ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. Spousal Lifetime Access Trusts (known by the acronym “SLAT”) are a very ...

A family trust can provide a structured plan for distributing assets, avoiding probate and distributing timely inheritance ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. Many taxpayers created irrevocable trusts and transferred significant ...

In Private Letter Ruling 202550004 (Dec. 12, 2025), the Internal Revenue Service ruled that a series of transactions that resulted in a charitable trust (the Trust) distributing all of its assets to a ...

A family trust can be a powerful tool—but it’s not right for everyone.

A discretionary trust is a type of trust that can be established on behalf of one or more beneficiaries. The trustee who oversees the trust can use their discretion in determining when and how trust ...