Solved: Can I deduct legal fees for estate planning to establish a trust for my daughter?
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 2

Can I deduct legal fees for estate planning to establish a trust for my daughter?

 
1 Best answer

Accepted Solutions
Highlighted
Alumni

Can I deduct legal fees for estate planning to establish a trust for my daughter?

No. That is a personal legal fee and it is not deductible. See IRS Pub. 529
IRS Pub. 529, Miscellaneous Deductions,
https://www.irs.gov/pub/irs-pdf/p529.pdf
List of Non-Deductible expenses starts on page 14

View solution in original post

1 Reply
Highlighted
Alumni

Can I deduct legal fees for estate planning to establish a trust for my daughter?

No. That is a personal legal fee and it is not deductible. See IRS Pub. 529
IRS Pub. 529, Miscellaneous Deductions,
https://www.irs.gov/pub/irs-pdf/p529.pdf
List of Non-Deductible expenses starts on page 14

View solution in original post

v
Privacy Settings