[WSBAPT] Private Trust Administration

[Mark Anderson]

A beneficiary of a trust is entitled to receive periodic distributions from the trust based on a percentage of the value of the trust assets.  Whenever the Successor Trustee makes a distribution, s/he subjects the distribution to withholding for taxes.

Successor Trustee is also paying him/herself a "trustee's fee," also based on a percentage of the value of the trust assets.  However, the Successor Trustee does not withhold anything from the money s/he takes as the trustee fee.

Is this kosher?

Mark B. Anderson
ANDERSON LAW FIRM PLLC
821 Dock St  Ste 209  PMB 4-12
Tacoma, Washington 98402
+1 253-327-1750
+1 253-327-1751 (fax)
marka at mbaesq.com<mailto:marka at mbaesq.com>
www.mbaesq.com<http://www.mbaesq.com/>
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