The ABCs of DINGs

A Delaware Incomplete gift Non-Grantor Trust (a “DING”) may be an attractive state income tax planning option for individuals living in states that do not tax trusts based on the residence of trust’s grantor or its beneficiaries. DINGs offer a number of additional benefits, including providing creditor protection and allowing the grantor to maintain a level of control over the trust assets while also having access to discretionary distributions from the trust.

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