A trust may be taxed as either a grantor trust or a nongrantor trust. Each type of trust has advantages and disadvantages. This article examines a grantor trust and situations in which it might be useful.
Grantor Trusts Provide Flexibility and Ease
- Leaving Assets Can Be Tricky – Part 3 - January 15, 2021
- What the 2020 Election Could Mean for Your Estate Plan - January 8, 2021
- Preparing for the Unexpected…and the Eventual - January 1, 2021