Attorney Shelby L. Wilson is Featured Presenter at 27th Annual American Bar Association Section of Real Property, Trust & Estate Law 2015 CLE Meeting

Shelby Wilson

April 29 - May 1
The Capitol Hilton, Washington, D.C.
"State Income Taxation of Trusts Holding Business Interests"

Unlike the federal income taxation of trusts, the state income taxation of trusts is not uniform. This lack of uniformity can have a significant impact on a trust’s total income tax burden, particularly where its grantor, beneficiaries, trustees and the business interests held by the trusts have ties to multiple states. This panel will review the various mechanisms by which states tax trust income, and the impact those rules have on trusts holding business interests. It will also cover recent taxpayer challenges to state income tax laws featuring commentary from a litigator involved in the current challenge to North Carolina’s trust income tax regime.

Program Chair and Moderator: Karen Sandler Steinert, Fredrikson & Byron, P.A, Minneapolis, MN

Speakers: Thomas D. Myrick, Moore and Van Allen PLLC, Charlotte, NC; and Shelby Wilson, Berchem Moses PC, Milford, CT.