Never Establish a QSF in Massachusetts

Massachusetts QSF Taxation: What You Need to Know
Massachusetts QSFs face significant tax burdens, with a flat 5% tax rate and an extra 4% on income over $1M. Careful planning is key to reducing liabilities.

✅ Key Takeaways:
- Flat 5% tax on all QSF income in Massachusetts.
- Additional 4% tax on income exceeding $1M.
- Jurisdiction of court or assets determines tax obligations.
- Many states offer no taxation on trust-based QSFs.

Learn how jurisdiction selection can maximize financial
outcomes at easternpointtrust.com.

Chapters:
00:00 Introduction
00:15 What is a QSF?
00:45 The Issue with Massachusetts
01:15 Impact on Attorneys and Plaintiffs
01:40 Conclusion

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