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  • Profile photo of whatsmy_age_againwhatsmy_age_again
    Participant
    @whatsmyageagain
    Join Date: 2016
    Post Count: 5

    One other thing, if you don’t mind:

    So when the trust does make a profit, let’s say of $2000, is $2000 of the accumulated losses used to make that profit non-taxable, so to speak? You can distribute that entire $2000 to beneficiaries without being taxed?

    Profile photo of whatsmy_age_againwhatsmy_age_again
    Participant
    @whatsmyageagain
    Join Date: 2016
    Post Count: 5

    Good stuff. Thanks mate.

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