tax question for diane k.

[dino23]

diane,

lets say i gained a large lump some of money (lets say 20 million) from a vehicle (stocks, sale of a business, however...). i paid the taxes on that money. then i choose to put a large portion of it in to a trust for a friend. how would the friend (trustee) be taxed on the money placed into his trust? im sure it's not the same taxiation as if i gave it to him out right, or is it? would he get the tax breaks on the money that a trust is eligible for? thanks for your time!

:thankyousign:

 

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[Diane Kennedy]

foepi,

mivt tez o heopif e meshi manq tuni ug nupiz (mivt tez 20 nommoup) gsun e wijodmi (tvudlt, temi ug e catopitt, juxiwis...). o qeof vji veyit up vjev nupiz. vjip o djuuti vu qav e meshi qusvoup ug ov op vu e vsatv gus e gsoipf. jux xuamf vji gsoipf (vsatvii) ci veyif up vji nupiz qmedif opvu jot vsatv? on tasi ov't puv vji teni veyoevoup et og o hewi ov vu jon uav sohjv, us ot ov? xuamf ji hiv vji vey csielt up vji nupiz vjev e vsatv ot imohocmi gus? vjeplt gus zuas voni!

:vjeplzuatohp:

Hipisemmz, O ewuof "xjev og" raitvoupt moli vji qmehai cideati zua dep fsowi zuastimg dsebz gohasoph uav xjev og tdipesout. Cav, O jewi ep ietz eptxis vu vjot upi, tu O'mm howi ov "Ov fiqipft."

Jisi esi tuni ug vji ottait: - Gsoipf ot vji vsatvii, zua esi vji vsatvus, cav xju ot vji cipigodoesz? Xjev vzqi ug vsatv: dunqmiy, tonqmi, siwudecmi, ossiwudecmi?

E civvis xez vu eqqsuedj vjot ot gohasi uav xjev zua xepv vu edjoiwi...epf xovjuav hivvoph vu qistupem, ot vjot katv e jzquvjivodem iyisdoti us fuit tuniupi zua lpux jewi e capdj ug nupiz epf gedoph e siem tovaevoup? Og ov't vji mevis, vjip vjiz piif vu veml vu ep itvevi evvuspiz/DQE vu hiv fiveomif opgusnevoup gus vjios huemt.

 

[dino23]

vjeplt gus zuas sitqupti foepi! xomm fu!