A blind trust is a type of living trust in which neither the grantor nor the beneficiary have no control over or knowledge of ...

To help deal with that tax issue, the Beneficiary Controlled Trust can be drafted in some cases to be a "Grantor Trust." A Grantor Trust is a trust that is "disregarded" for income tax purposes.

Trust’s can be established for a variety of reasons, some of the more common ones being to protect the grantor’s assets and to manage the transfer of assets to a beneficiary. An irrevocable ...

California would like to crack down on a type of trust that lets the very wealthy avoid state income and federal gift taxes.

A revocable trust places your wealth in a tax-protected vehicle you can control until you die. But, unfortunately, it won’t ...

Probate is a formal public process. If a person dies with probate property, then a probate estate is “opened.” This process ...

Opinions expressed by Forbes Contributors are their own. Bob Carlson researches all facets of retirement finances. They’re not right for every family, but there are times when a silent trust is ...

A Grantor is the creator of a Trust, usually the owner of the property placed in the Trust; the Trustee manages the property, the beneficiary receives the income, principal or both. During the ...

The grantor can amend the trust in any way ... which can streamline the distribution of wealth to beneficiaries. Trusts can also handle more complicated wealth-transfer situations, such as ...

To avoid estate taxes, wealthy Americans buy offshore life insurance policies, and stash assets including mansions in trusts.