The American Taxpayer Relief Act of 2012 imposes a 3.8% net investment income tax on trusts and estates that generate more than $11,950 of net annual income, in addition to being subject to the top federal income tax rate of 39.6%. Experts advise that there are ways to protect trust assets from the new tax, including the use of grantor trusts and a strategic approach to managing the underlying investments in the trust. PFP/PFS members save an additional 10% off the already reduced AICPA member price on Tax Planning After the Healthcare Surtax, which analyzes and explains the application of the 3.8% surtax, strategies to avoid the surtax and more.

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