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 nongrantor trust and situations in which it might be useful.
Nongrantor Trusts Can Be Very Useful in Certain Situations
Latest posts by Stephen Hartnett (see all)
- Making Trusts More Flexible - June 7, 2019
- Trust Protectors Add Flexibility - May 31, 2019
- Modifying an Irrevocable Trust - May 24, 2019
