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missymom3
New Member

Can I deduct legal fees for setting up revocable trust? Where would I enter the amount?

 
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1 Best answer

Accepted Solutions
bwa
Alumni
Alumni

Can I deduct legal fees for setting up revocable trust? Where would I enter the amount?

A revocable trust is primarily for estate planning and avoiding probate.  Those type legal fees are not deductible.

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1 Reply
bwa
Alumni
Alumni

Can I deduct legal fees for setting up revocable trust? Where would I enter the amount?

A revocable trust is primarily for estate planning and avoiding probate.  Those type legal fees are not deductible.

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