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@originaldohnthornton: Costumes, competitions, travel, private lessons — parents in the dance world are paying everything out of pocket with no deductions at all. But when your child becomes a beneficiary of a contract law spendthrift trust, those same dance expenses can be paid by the trust and treated as tax-deductible trust expenses instead (info purposes only; not a licensed tax, legal, or accounting professional) #taxsavings #taxdeductions

originaldohnthornton
originaldohnthornton
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Wednesday 04 March 2026 17:30:00 GMT
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