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complex trust

A trust that can perform certain activities that a simple trust cannot, such as making tax deductible contributions to charities, retain trust income, and make tax deductible distributions to the trust's beneficiaries.

Related information about complex trust:
  1. What is a Complex Trust? | Estate Planner
    Aug 1, 2011 ... Basically, a complex trust is one that cannot be classified as simple. In a nutshell, the complex trust is one that contains provisions for charitable ...
     
  2. Complex Trusts - TaxAlmanac
    Apr 15, 2008 ... A complex trust is any trust that does not qualify as a simple trust; A complex trust can make charitable contributions; A complex trust can ...
     
  3. Guide to Types of Estate and Trust Entities - TaxAlmanac
    Feb 18, 2007 ... Therefore, a complex trust satisfies at least one of the following ... Like a simple trust, a complex trust is allowed a deduction for income ...
     
  4. Types of Trusts
    A "Complex Trust" is any trust that is not classified as a Simple Trust. For the definition of a "Simple Trust," please see Simple Trusts below. For a copy of the IRS ...
     
  5. What is complex trust? definition and meaning
    Definition of complex trust: A trust that can perform certain activities that a simple trust cannot, such as making tax deductible contributions to charities, retain trust ...
     
  6. What Is a Complex Trust?
    In regards to finance, a trust is an account that is created to hold money or property for someone. It is created primarily for tax purposes because trusts are ...
     
  7. Overview of Fiduciary Income Taxation - Internal Revenue Service
    Major differences from personal exemption for individuals. • Personal exemption ( IRC §642(b)(3)). – Estate $600. – Simple trust $300. – Complex trust $300 or ...
     
  8. Income Taxation Of Trusts And Estates - Heritagewealthmgrs.com
    complex trust, $600 for an estate). However, neither is allowed a standard deduction. The tax brackets for income taxable to a trust or estate are much more ...