Where a Trust is Set Up Matters


Trust creation is an important part of wealth transfer planning. Trusts can reduce the size of your taxable estate while your family members still benefit from assets held in the trusts you create. However, setting up a trust that serves your goals can be difficult. You need to choose the right trust format and be selective about the location in which you establish the trust. In this post, we will discuss several factors impacted by the “situs,” or location, of the trust.

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Updated: Dec 21, 2021

About the author
Diane DeCesare of Armanino LLP is a member of XPX Philadelphia

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