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he trust pays taxes on any undistributed income at trust tax rates, which can be higher than individual rates. It can take deductions for income

he trust pays taxes on any undistributed income at trust tax rates, which can be higher than individual rates. It can take deductions for income distributed to beneficiaries. Estate and Gift Tax: Similar to simple trusts, assets in a complex trust are generally not included in the grantor's estate.

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