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The trust generally has a higher tax rate than the individual beneficiary so it would use up the trust money faster and it wouldn't be there for you later.
You are at a lower tax rate and the beneficiary paying the taxes is a money-saver in the long run.
The trust agreement generally has rules and guidelines to follow distributions and taxation, etc.
:[Edited 04/05/2021|7:31 pm pst]
‎April 5, 2021
7:30 PM
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