USA Law

Tag: Trusts

  • Decedents Estates

    Decedents Estates in the United States Decedents Estates Rights of the Spouse in case of Death in California By Michelle Lerman. She is a partner at Lerman Law Partners in San Rafael, where she is a certified specialist in estate planning, trust, and probate law (2009) Many spouses […]

  • Trusts in Roman Law

    Trusts in Roman Law in the United States Introduction It has long been maintained that Roman law (see it) was of minor importance to the development of English law, but with trusts, at least, this is not the case. The public trust doctrine is rooted in ancient Roman law. See also History […]

  • What is a Section 645 election?

    What is a Section 645 election? in United States What is a Section 645 election? Under Section 645, if both the executor (if any) of an estate and the trustee of a qualified revocable trust (“QRT”) elect the treatment provided for in Section 645, the trust is taxed for income tax purposes as […]

  • Should Trusts file income tax returns to the IRS?

    Should Trusts file income tax returns to the IRS? in United States Should Trusts file income tax returns to the IRS? Trusts must file a Form 1041, U.S. Income Tax Return for Estates and Trusts, for each taxable year where the trust has $600 in income or the trust has a non-resident alien as […]