SCOTUS Finds Minimum Contacts are Still Required to Tax a Trust

In a little piece of good news – especially for those who value propert asset protection and estate planning – The Supreme Court, in a unanimous decision, held that the presence of beneficiaries of a trust in a state does not alone give a state the power to tax the trust’s income. The court found that the imposition of the tax violated the Due Process Clause of the 14th Amendment because the trust lacked the necessary minimum contacts with the state to sustain the tax.

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