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In united states federal income tax law, a qualified subchapter s trust is one of several types of trusts that may retain ownership as the shareholder of an s corporation. The beneficiary of such a trust … Qssts are different than other other s corporation trusts in that the beneficiary is usually someone other than the grantor of their estate.
Although qualified subchapter s trusts (qssts) are an option, they have disadvantages. For example, only one beneficiary can benefit from the qsst throughout their lifetime. As a result, the beneficiary’s … At clausen and centrich pllc, we are dedicated to providing our clients with comprehensive assistance while making sure that their qsst is set up in accordance with the law.
