I'm 25yo in California and looking for advice on the distribution of this inheritance. I've kept it a secret so far and have been putting it out of my mind since I first found out (didn't want it to affect my work ethic or relationships).
I'm worried about the future tax implications for these distributions. Would it usually be in installments or a lump sum transferred to a bank account? Will I be taxed only on the gains since trust inception or the entirety?
Should I hire a lawyer or accountant for this?
Looking for anyone with experience.
Submitted September 08, 2018 at 01:31PM by NWolfwood https://ift.tt/2Qd0nGO
