Sham Trusts: When It’s Too Good to Be True
When it comes to tax strategies, if something sounds too good to be true, it probably is. In an article authored for Nebraska CPA Magazine, Clark Youngman and Nate Patterson examine sham trust strategies being marketed to taxpayers — including the Non-Grantor Irrevocable Complex Discretionary Spendthrift Trust and the Monetized Installment Sale Trust — to help advisors recognize these arrangements and protect the individuals and businesses they advise.
View the full article at the link below.
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