I inherited a $30K trust. The bank says I’ll pay $10K in tax if I cash out.
1. Beneficiary faces high potential capital-gains tax from trust distribution. 2. Trusts are taxed at high rates, impacting beneficiaries' decisions. 3. Investing inheritance in S&P 500 could yield significant returns. 4. Diversification across sectors is crucial for investment strategies. 5. Current economic outlook is optimistic despite tariff-related risks.