Musings of a Tax Chick... Trusts 101

Have you noticed that everyone seems to be talking about trusts these days???  Seemed like an appropriate time to release a few mini-episodes on the topic. 

If you are looking for some foundational information on trusts, check out this episode.  I cover topics like:

- What is a trust? (2:02)
- The three certainties (4:40)
- Reasons why a trust may be used (6:15)
- Who are the parties to a trust? (9:30)
- What are the different types of beneficiaries? (11:15)
- How are trusts taxed? (12:47)

And check out the next couple episodes to continue your "trust" journey!

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