Q. How are annuities taxed as an inheritance? Is there a difference if I inherit it directly or if it goes to a trust for which I’m the beneficiary?
A. “What seems like such a straightforward question is anything but that,” says Einhorn Harris Partner, and Chair of the Taxation/Trusts and Estates Department, Gary R. Botwinick.
Read the NJ.Com ‘Biz Brain’ article here.