A bill introduced Wednesday by the Senate Finance Committee chairman, Sen. Ron Wyden, D-Ore., would attempt to limit the abuse of a type of annuity trusts by the wealthy, in part by imposing a requirement that the instruments have a minimum term of at least 15 years.
Wyden Bill Would Target Abuse Of Annuity Trusts
by usoftax_admin | Mar 20, 2024 | Tax News