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Which Trusts Save Taxes, Which Do Not, And Which Are Illegal?

Trusts are common, and there are many variations. There are revocable, irrevocable, domestic and foreign trusts, and different tax rules apply to each. Some go to far. ....

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Trusts To Avoid California Tax Are Outlawed, Moving Away Still Works

For years, California residents have been forming trusts out of state so trust income isn t taxed by California. But a new law says these trusts must pay California tax. ....

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