This is a very exciting time for those of us in fiduciary tax profession as we may see outcomes that we have never seen before, such as a nongrantor 1041 showing tax due even with no capital gains and all income being passed out to charity, as the OBBB dictates curtailment of all deductions for trusts in the highest tax bracket in the amount of 2/37ths.

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I guess your definition of excitement vastly different from my own.

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