InterActive Legal

Phantom Income Is the Part That Should Worry You. What happens when a trust owes tax on income it never actually keeps?

That’s the scenario at the heart of the “2/37 haircut.” If Section 68 limits fiduciary deductions, the math stops working the way Subchapter J intended: income distribution and charitable deductions erode, the trust or estate reports phantom income, and the economic balance between income and remainder beneficiaries quietly shifts. QTIP trusts, credit shelter trusts, and long-term charitable structures are especially exposed — and in multi-entity “daisy chain” arrangements, the distortion compounds at every link. This Friday, Blattmachr, Keebler, and Shenkman walk through the drafting and fiduciary decision-making frameworks to get ahead of it.

There’s still time to register for Friday’s free session, Register Now: https://buff.ly/wdti65u

It’s Not a Capacity Problem

Most trust & estate attorneys think they need more hours in the day. They actually have a process problem.

Adding more clients without the right systems doesn’t create growth. It creates chaos. On Wednesday, June 10, attorney Isabella Hughes (Co-Founder & CEO of EstateMin, former international boxer, and Irish Times 30 Under 30 honoree) breaks down why scaling breaks T&E practices, and what the firms doing it successfully are doing differently. You’ll see a live demo of how firms cut hours per file by 53% and more than doubled trusts completed — same team, no increase in payroll.

Register free to reserve your spot: https://buff.ly/0YRDCWF

⏳ Final Reminder Before We Kick Off!

Teresa Bush and Lisa Briley are excited to see everyone at the 50th Annual Advanced Estate Planning & Probate Course starting tomorrow!
📍 Hyatt Regency Frisco
📅 June 3–5

Be sure to visit the InterActive Legal booth and meet Lisa Briley for a personalized demo of our powerful estate planning and drafting solutions.
✨ Streamline your workflow
✨ Access valuable resources
✨ Grow your practice

👉 Don’t miss the chance to connect—we’ll see you there!

🔗 https://buff.ly/2cKoe4k