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U.S. Supreme Court: North Carolina May Not Tax New York-Based Trust

By Meyer & Spencer, P.C. |

A trust is a common estate-planning tool where a person–usually known as the grantor or settlor–transfers assets to a trustee. The trustee is then legally obligated to administer the trust property on behalf of one or more beneficiaries named by the settlor in the trust documents. The trust typically also contains language indicating which… Read More »

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