Do I Have To Pay Taxes On A Living Trust

Do I Have To Pay Taxes On A Living Trust

S
Smart Finance
3 Video Views·Jul 3, 2026

In this video, we break down the key differences between revocable and irrevocable living trusts and answer the big question: Do you need to file a separate tax return for a living trust? Learn when taxes apply, how trusts are handled after your passing, and when it's necessary to file. Perfect for anyone planning their estate or managing a trust. Click Here: http://askloral.com/


Watch And Enjoy!
Loral Langemeier

Key Moments In This Episode
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00:00 Intro & Summary
00:50 Revocable Vs Irrevocable
01:18 What Is A Living Trust
02:14 Do You Need A Separate Tax Return
04:38 Blueprint Upon Your Passing
07:51 When To File A Tax Return

What To Watch Next
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Do You Need A Lawyer To Make A Living Trust
• Do You Need A Lawyer To Make A Living Trust

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About Loral Langemeier
========================
Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and Five Time New York Times best-selling author who is on a relentless mission to change the conversation about money and empower people worldwide to become millionaires.

Loral’s straight talk electrifies audiences and inspires powerful action from live stages and television programs ranging from CNN, CNBC, The Street TV, Fox News Channel, Fox Business Channel-America’s Nightly Scoreboard, The Dr. Phil Show and The View. She is a regular guest-host on The Circle in Australia and has been featured in articles in USA Today, The Wall Street Journal, The New York Times, Forbes Magazine and was the breakout star in the film The Secret.

From Loral:

I believe in relationships based on trust.

When we work together, I’ll walk into our relationship thoroughly, maintain strong ties with you, even make hard decisions were necessary to support you.

I’ll seek to understand your needs and communicate with you thoroughly and quickly.

When required, I’ll give you what’s needed, ask a lot of questions about what you need, and offer real solutions so that you can feel confident, good about yourself, and your process to get the results you want and deserve.

I’ll meet you where you are and take you where you want to go.