What is the name of your state (only U.S. law)? Washington. My late father-in-law put his 5 daughters into a trust that receives periodic oil royalties from oil wells he developed while he was alive. Twice a year, disbursements are made to his daughters and once a year the trust files income taxes. Question - can the royalties go directly to his daughters rather than the trust? This would alleviate the burden on the executor and put the burden on his designates for tax filing purposes.
Last edited: