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Setting Up a Trust for Lottery Winnings

Setting Up a Trust for Lottery Winnings

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Rolen, Deputy Attorneys General, for Defendant and Respondent OPINION NEWSOM, J After denial of his claim for the proceeds of a lottery ticket, in October

The tax consequences for lottery winnings can be major Although there is no longer a California estate tax, there may still be gift taxes Know this: if you win the lottery, it is highly recommended you consult with an attorney before claiming the winning ticket This will allow

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