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Sample Forms, In Estate Planning Law And Taxation, 4th Ed., Bridget J. Crawford
Sample Forms, In Estate Planning Law And Taxation, 4th Ed., Bridget J. Crawford
Elisabeth Haub School of Law Faculty Publications
Sample estate planning forms.
Grantor Trusts And Income Tax Reporting Requirements: A Primer, Bridget J. Crawford
Grantor Trusts And Income Tax Reporting Requirements: A Primer, Bridget J. Crawford
Elisabeth Haub School of Law Faculty Publications
In the last decade, grantor trusts have become a cornerstone of many sophisticated estate plans. Although clients and their advisors employ grantor trusts with great frequency and success, few taxpayers and not all estate planning professionals are fully conversant with the income tax reporting requirements for grantor trusts. Some erroneously assume that because grantor trusts are "ignored" for purposes of calculating taxable income, they are also ignored for purposes of reporting taxable income. this is not always the case, however. This article explains the complex rules with which taxpayers and their advisors must comply for reporting income of grantor trusts. …
Wilderness No More: Alaska As The New "Offshore" Trust Jurisdiction, Bridget J. Crawford
Wilderness No More: Alaska As The New "Offshore" Trust Jurisdiction, Bridget J. Crawford
Elisabeth Haub School of Law Faculty Publications
Alaska has made two sweeping reforms to its trust laws in an effort to position itself as the most sophisticated "offshore" trust jurisdiction for wealthy U.S. citizens and non-U.S. persons holding substantial U.S. property or stock. This article describes Alaska's departure from the venerated (if misinterpreted) rule against perpetuities and illustrates how the new Alaska law effectively allows taxpayers to make their own decision about the level at which a trust will be taxed. This article also details Alaska's approach to self-settled spendthrift trusts. In certain circumstances, an existing or future creditor will be prevented from satisfying a claim out …