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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Trust Recommendations
 
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MadDogMike
Apr 9, 2008

Cute but fanged
Assuming you go with a revocable living trust, you won't have too many issues tax-wise thankfully (since you can add/pull funds out at will any "trust" income is just folded into your regular tax return unless you get incapacitated/dead), but if you go with any other type you may need to file Form 1041 for the trust each tax year so be sure you've got a preparer who can handle it if you do happen to go that way. Revocable is designed to do what you want from my understanding here so I assume you'll just be going with that, but make sure with the attorney that you don't have any requirements in that regard to be safe.

* # ¿ Aug 19, 2019 23:54
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Trust Recommendations