[PorscheGAL]

Originally Posted by nota

WITH T-rump killing the estate tax a gift to the super rich
is the need for trusts still valid ?

my multi-millionaire buddy had a generation skipping trust set up
that allowed tax avoidance but meant he did not have full control of his wealth
and had to pay full rate income taxes on any funds transferred in to the USA
from his very extensive swiss holdings

Having a trust, sometimes, has nothing to do with the taxes. Here in South Carolina, all wills must go through probate. That is at least a year where everything is on hold. No assets can be sold.

OP: It is of great help to speak with a lawyer from your state that can help with your decision. Federal rules are not the only ones in play.

Good luck.