At the time of the trust’s creation, everyone lived in the Bronx. The trust was initially created as a “grantor” trust ... brands Receive email from us on behalf of our trusted partners ...

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

Non-grantor trusts, defined as “complex” by the IRS ... Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors Rustin ...

With another tax season recently behind us, the Internal Revenue Code and ... the personal information of the beneficiaries of a trust. A non-grantor trust is a separate legal entity for federal ...

Let's say you can’t move quite yet, so you wonder if a trust in another state might work? The usual living trust you form for estate planning doesn’t help, since the grantor must include the ...

Grantor trusts, where the grantor has control over the assets, generally require grantors to report all income from a trust on their own individual tax returns. Non-grantor trusts, on the other ...

But most everyone assumes that current grantor trusts that have been created will be safe from any changes. This is likely true for non-operating assets such as stocks, bonds, and perhaps real estate.

before funds remaining in the trust are returned to you (grantor trust) or your beneficiaries (non-grantor trust). A charitable lead trust can be established and funded either during your lifetime or ...

Transfers to a revocable trust (including a living trust) would not be subject to this transfer tax. Additionally, all non-grantor trusts would have to report gain on all of their appreciated ...

I am a Tax Principal with Ernst & Young LLP in the US-West Region ... in a qualified opportunity fund (QOF interests) to grantor trusts. This proposed clarification has estate and gift tax ...

A grantor retained annuity trust (a GRAT) is an irrevocable trust in which a grantor contributes property in exchange for the right to receive a specified amount (or property with a specified ...