Legal Question in Wills and Trusts in Louisiana
My mother set up an irrevocable trust in Louisiana, naming one child in Texas and one in Arkansas as the joint trustees. She subsequently moved to Arkansas. Is the trust income subject to Louisiana state income tax, or can the trustees choose which state (obviously Texas, with no income tax, would be a good choice) to file in for tax purposes?
Asked on 2/02/11, 9:14 pm
1 Answer from Attorneys
Martha Amanda Mandi Lucas
Mandie Seale Lucas
The state where the assets of the trust are located will determine the applicable law.
Answered on 2/03/11, 6:49 pm
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