The Trustee Report

Welcome to The Trustee Report, your go-to resource center for all things trust and estate planning. Here, you'll find in-depth articles, FAQs, step-by-step guides, and expert insights to help you navigate the complexities of trust management with confidence. Stay informed and empowered with the latest updates and trends in estate planning, ensuring your legacy is protected and your loved ones are provided for. Dive in and discover the tools and knowledge you need for a smooth and successful estate planning journey.

Calculating Trust Reinvestment Strategies: Capitalized vs. Depreciable Assets and Long-Term Tax Offsets amortization capitalization deductions depreciation long terms assets real estate reinvestment Oct 03, 2024

Introduction

When a private irrevocable non-grantor trust realizes substantial income or capital gains and retains those earnings, it often faces steep federal tax liability. Under the Internal Reven...

Continue Reading...
Understanding IRC §643(a)(3) and §643(b): Trust Accounting vs. Taxable Income 643(a)(3) 643(b) accounting income depreciation fiduciary accounting irs complaince taxable income trust reinvestment Aug 28, 2024

Introduction

In the world of fiduciary accounting and non-grantor trust taxation, few sections of the Internal Revenue Code are more misunderstood than §643(a)(3) and §643(b). These two provisions go...

Continue Reading...