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MN Supreme Court Irrevocable Trusts

Dorsey & Whitney LLP

Minnesota Supreme Court Holds Trust Residency Statute Unconstitutional As Applied to Taxpayer Trusts - Time to Evaluate Income Tax...

Dorsey & Whitney LLP on

In a 4-2 decision, the Minnesota Supreme Court ruled in Fielding v. Commissioner that four trusts lacked sufficient relevant contacts with Minnesota during the applicable tax year to be permissibly taxed, consistent with due...more

Ballard Spahr LLP

Fielding Case May Impact Taxation of Your Minnesota Trust

Ballard Spahr LLP on

Trustees of irrevocable trusts created by Minnesota residents may be impacted by a recent decision of the Minnesota Supreme Court. On July 18, 2018, in Fielding v. Commissioner of Revenue...more

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