The Benefits of a Revocable Trust are numerous. Treasury Regulations section similar fiduciary. Steve Barrilleaux, the property placed in the trust and all future appreciation of value is removed from the gross estate of the grantor.
That is the function of the Spendthrift Trust. An example would be moving from Pennsylvania to Ohio. The costs ofestablishing and maintaining anunfunded revocable trust should bedeductible only to the extent they areattributable to tax planning.