US Supreme Court Issues Long Awaited Trust Tax Decision
In N.C. Dep’t of Revenue v. The Kimberly Rice Kaestner 1992 Family Trust 588 U.S. __________ (2019) , a decision eagerly awaited by tax and trust and estates professionals, the U.S. Supreme Court affirmed, in a 9-0 opinion authored by Justice Sotomayor a lower court decision, holding that the imposition of State tax on undistributed […]