Today's Market

updated Moments ago Sponsored by:
DOW 17,113.54 61.81 0.36%
S&P 500 1,983.53 9.90 0.50%
NASD 4,456.02 31.31 0.71%

Community: Investing Wiki

Term Of The Hour

trust tax implications: Original post by Cindy Quarters of Demand Media Distributions from an irrevocable trust can trigger tax liabilities. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/117/228/78522755.jpg?w=700&h=700&keep_ratio=1 Comstock/Comstock/Getty Images Any time a beneficiary of a trust receives money from that trust, taxes must be considered. The amount that is due…

Want to learn more or edit this definition?
Click here to read more!