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Complex Trust

Categories: Tax, Trusts and Estates

Not a simple trust? Yeah. A complex trust has stipulations for all kinds of other activities: how much must be given away to charity, what activities and/or people the trustees have to deal with, and so on. A trust can flip-flop between simple and complex if certain conditions aren't met, such as not paying distributions to beneficiaries in a timely manner. Some trusts are simple and some are complex... but they're all complicated.

Find other enlightening terms in Shmoop Finance Genius Bar(f)