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Business & farm
True on the capital gains (depending upon the trust instrument and the state's principal and interest statue and the trustees ability and decision to allocate capital gains to income as is being done more and more given the net investment income tax). But still, perhaps the trust earns 5% or 4%, then it is an issue. If it weren't an issue, why ask the question? But these are small amounts not likely to be material.
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‎June 1, 2019
1:16 AM