Dohn The Infinite Wealth Strategist
The Spendthrift Trust & Trust Expenses
February 5, 2023
If you've ever wondered how trust expenses work with trust assets and beneficiaries expenses, you've come to the right place, although the answers may not be what you're expecting. In this episode, I explain how the trust works with IRC 643(b) to fund the trust with non-taxable passive income and capital gains taxes exemptions; how this money can pay trust expenses; what those expenses are and what the exceptions to the rules are. Enjoy!