Grantor trusts are groovy. They have so many potential benefits that they are the cornerstone of many, maybe even most estate plans. Grantor trusts let you transaction business with your trust without ...

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 ...

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 ...

A trust is an important document in a comprehensive estate plan and allows someone to hold assets for the benefit of someone else. There are many kinds of trusts serving different planning functions.

Trusts can be a useful estate planning tool for creating wealth for future generations. They can offer legal protections against creditors while managing assets according to your wishes. They may may ...

Many articles have been written on planning with both grantor and non-grantor trusts for gift, estate and income tax planning purposes. Most articles focus on grantor trusts because of the flexibility ...

If the assets of an irrevocable grantor trust are not included in grantor’s gross estate upon his or her death, those assets do not get a Sec. 1014 basis step-up, the IRS clarified Wednesday in Rev.

A grantor retained annuity trust, or GRAT, can help you transfer wealth to heirs while reducing your tax liability. Many, or all, of the products featured on this page are from our advertising ...

A quitclaim deed transfers property without guaranteeing ownership, making it useful for family or trust transfers but risky for recipients. Learn when it's safe.