Trusts, Obamacare, and the New Tax Act

As pointed out in the article in Forbes, to which I’ve linked in the title of this post, both the 3.8% surcharge on investment income required by Obamacare and the tax increases on capital gains from the recent tax act impact Trusts at a much lower point than individuals.  If you are a Trustee, you will now need to be even more intentional about income tax planning with your beneficiaries. Also, since these tax costs encourage Trustees to distribute more to current beneficiaries, Trustees will need to be more intentional about protecting the interests of future beneficiaries.

About Steve Masterson

Court-appointed Trustee and Personal Representative, providing neutral, third-party, administration of Trusts and Estates; estate planning consultant to families, attorneys, and fiduciaries; and expert witness for trust and estate litigation matters. See my website at
This entry was posted in fiduciary, Prudent Investor Rule, Trust, Trust Administration, trustee and tagged , , , , . Bookmark the permalink.

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