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Thomas McJD
Thomas McJD, Attorney
Category: Estate Law
Satisfied Customers: 3170
Experience:  Wills, Trusts, Probate & other Estate Matters
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Which State does the living trust pay taxes? Inheritance and Estate taxes. The State of N

Customer Question

Which State does the living trust pay taxes? Inheritance and Estate taxes. The State of Nebraska that it was created in or the State of New Jersey that the deceased was a resident at the time of death?
Submitted: 1 year ago.
Category: Estate Law
Expert:  Infolawyer replied 1 year ago.
It is done in the state where the trust is situated and created.Kindly let me know if that is clear and acceptable.
Customer: replied 1 year ago.
What does situated mean?
Expert:  Infolawyer replied 1 year ago.
Means where set up. I wish you the best. I trust the answer has been helpful. kindly let me know.

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