Search results

  1. R

    Why would some get a trust vs. giving away assets and claiming against the lifetime x

    My mother thought about just giving me some assets and just claiming them against her lifetime exemption. Its is a mutual fund with about 7k due in taxes if I were to sell it, since I would have her basis. If she were to set up a trust what would be the advantage? A trust costs about 2k to set...
Back
Top Bottom