Arkansas Intergenerational Trust
Arkansas Intergenerational Trust
Intergenerational Trust
You may take an adjustment from income for contributions made to a long-term intergenerational trust. This is a trust established for an individual under the age of 18 in order to provide funds for the minor's retirement. The trustee must be a resident of Arkansas and cannot distribute any of the trust funds to the beneficiary until the beneficiary reaches the age of 55. Contributions are limited to $4,000 per year.
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