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Living Trust tax rate in IT

8 years ago
Hi, I have just gotten my elective residency and am headed to IT where I have property. Most of my assets (biz, real estate, bank accounts and investment accts) are all in living trusts held by myself and my late husband. How does IT treat assets/income in a bonafide trust (not just my own, but my deceased husbands) .. Thank you! Liz

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