@Speedy3 wrote:
Can I pass through the capital gains tax to the beneficiaries to be taxed less, or is this something that only a trust can do?
Capital gains typically remain with trusts and estates unless a provision is expressly made in the relevant document (will or trust) that the executor or trustee must (or has the discretion to) distribute such gains to the beneficiaries.
However, on the final return, trusts and estates can pass through capital gains to the beneficiaries as part of their DNI (pursuant to a reasonable and impartial exercise of discretion by the fiduciary).
