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New York Tax Trend: Out-of-State Trusts

A trend is under the lens of lawmakers that involves individuals in New York choosing a no income tax state, transferring significant assets into an out-of-state trust there, and retaining the benefit of their assets without the New York state income tax burden. In certain circumstances, capital gains tax obligations may be reduced as well.
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What the 2014 Tennessee Firearms Freedom Act Means

Five years ago the Tennessee Firearms Freedom Act preserved certain gun rights for state citizens. In 2014, Senate Bill 1607 was introduced. The bill sets forth additional protections under the Tennessee Firearms Freedom Act by imposing restrictions on federal authorities. The provisions are being made in an effort to expand the gun rights of state residents in advance of future federal firearm legislation that may infringe on citizens' rights.
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