Because of the increases to the income tax rates and the reduction in the estate tax rates in recent years, anyone holding appreciated assets in a grantor trust should consider exchanging high-basis ...

The key difference between a grantor trust and a non-grantor trust is how taxes are handled. In a grantor trust, the person who created the trust reports all trust income on their own tax return. In a ...

A trust is used to control how assets transfer after death. When the grantor dies, the trust becomes an active legal entity. The trustee follows the trust terms, manages assets, distributes property ...

When estate planning, it is critical to know who is the grantor of a trust, as it can significantly impact financial planning and estate strategy. As the individual who establishes a trust, the ...

Add Yahoo as a preferred source to see more of our stories on Google. Depending on one’s personal situation, the choice between a grantor and non-grantor trust may be difficult and confusing to ...

Learn how trust funds work, their benefits, and the differences between revocable and irrevocable funds. Understand how they ...

A proposal by the Obama Administration regarding grantor trusts has estate planners on edge as they ponder its implications. Processing Content A grantor trust is a trust in which an individual, ...

Both transfer an estate to heirs, but only a trust can skip probate court Matthew Jarrell is the founder of DocSpot Financial. He has 5+ years of experience creating investment, tax, and estate ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. To understand the use of a tax reimbursement clause you need to first ...

IRS says in a recent ruling that if you modify an irrevocable trust to add a tax reimbursement clause the beneficiaries will be deemed to have made a gift to the trust creator. In a recent Chief ...

Much has been written about the intentionally defective grantor trust (IDGT). Transfers to an IDGT are completed gifts for gift tax purposes; and the IDGT is not included in the grantor's estate for ...

The IRS issued a ruling (PLR 201410001 (released March 7, 2014)) confirming the incomplete non-grantor trust strategy, in which a taxpayer establishes a trust in another state—usually Delaware or ...