thanks for your replymy brother and i are grantors and trusteesmy parents are the beneficiariesmy understanding is that income generated by the trust is treated as income of the grantors (who are reimbursed for the tax they pay). it gets even stickier, my brother lives in NY and i live in CA (both high income tax states) since CA's tax rate is slightly higher than NY i think i'll go with a CA tax free MMA, so on my brother's side he'll get the federal, but not the state exemption. hmmm guess i have to look at the spreads of each to see...paper or plastic...<head about to explode>-bill
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M