Eliminate a Trust's State Income Tax

Many advisors are not aware that their clients might use Delaware trusts for state income tax planning.  Delaware law can enable individuals residing in many states to use Delaware to minimize or even avoid state income taxes.  That's because there is no Delaware income tax on Delaware trusts.

Click here to read the full article.

# # #

Todd A. Flubacher, Thomas R. Pulsifer, “Eliminate a Trust’s State Income Tax,” Trusts & Estates Magazine (May 2006)

Delaware's Leading
Legal Practice Publications

Electronic versions of Morris Nichols’ companion booklets are available for free download.