A Trust May Be Subject to California Income Taxation if the Trustee Resides in California
By EsqSocial Corporation 16/04/15
California aggressively taxes non-grantor trusts. A non-grantor trust with a California resident trustee may be subject to California income taxation even if none of the assets of the trust are located in California, none of the beneficiaries reside...
By: Mitchell Silberberg & Knupp LLP