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What is the difference between a revocable trust and an irrevocable trust?

A revocable trust is an agreement made by an individual during his or her lifetime, naming a trustee and beneficiary. Trust assets must be moved to the trust with a change in title of ownership. Th… Read More

What income taxes apply to a Montana business?

The degree to which a small business is subject to income tax in Montana depends on its legal business form. For instance, a true corporation is subject to double taxation—the corporation must pa… Read More

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