topic Are legal fees for Estate Planning tax deductible? in Deductions & credits

Are legal fees for Estate Planning tax deductible?

mbraynock — Fri, 31 May 2019 23:48:43 GMT

are legal fees for setting up a revocable trust deductable

beedo — Fri, 31 May 2019 23:48:45 GMT

are legal fees for setting up a revocable trust deductable

This is too vague. Is the actual preparation of a will o...

susanlchandler — Fri, 31 May 2019 23:48:50 GMT

This is too vague. Is the actual preparation of a will or trust--both of which have tax implications and consequences one needs to know about--deductible???

I agree with the previous comment. Is help drawing up a w...

user74444 — Fri, 31 May 2019 23:48:54 GMT

I agree with the previous comment. Is help drawing up a will, living trust, or other estate planning document, which can all have tax implications, considered "tax advice"??

For those disappointed with this answer, Investopedia has...

user74444 — Fri, 31 May 2019 23:48:59 GMT

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Re: Are legal fees for Estate Planning tax deductible?

Joseph84 — Wed, 02 Oct 2019 23:35:58 GMT

Are legal fees deductible?

Re: Are legal fees for Estate Planning tax deductible?

xmasbaby0 — Thu, 03 Oct 2019 00:33:12 GMT

No, legal fees are not deductible. Once upon a time you could enter legal fees related to obtaining taxable income, but that changed with the new tax laws.

https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-reform