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February 27, 2021
Question

Is the cost of creating a Revocable Living Trust as part of tax planning deductible?

  • February 27, 2021
  • 1 reply
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I paid an Attorney in 2020 to set up a Revocable Living Trust as part of an overall Estate Plan.  This aspect of the plan, was for future tax planning.

    1 reply

    Employee
    February 27, 2021

    No. In the past some fees could be a miscellaneous deduction but those are no longer deductible.