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Subject:  trust taxes Date:  4/26/2005  1:05 PM
Author:  yFool Number:  78960 of 127753

this is a sticky one for me
money was set up for my parents in a trust fund
spendthrift :(

the trust fund has it's own TPID, but the tax liability flows thru to me (and my brother). the trust was established in NY. i live in CA

i'm considering a taxable money market account versus a state tax free mma. should i go with a NY or a CA tax free MMA.

that is if i live in CA, but the trust is based in NY can i take advantage of federal and state tax free interest with a CA tax free mma?

let me know if there is a more appropriate place for this post


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