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 ...

To understand the use of a tax reimbursement clause you need to first understand what a grantor trust is and how it works. When a trust is characterized under the income tax laws as a “grantor ...

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

At the time of the trust’s creation, everyone lived in the Bronx. The trust was initially created as a “grantor” trust, meaning that Gloria was personally responsible for paying the tax gene ...

the trust maker should set up a trust with “grantor” provisions so that the trust maker will continue paying taxes at the trust maker’s lower tax rates. The fact is that most people would ...

you’ll need to draft a trust document, either on your own or with the help of an estate lawyer, that lays out the grantor, trustee, beneficiaries, and assets. Then you sign and notarize the ...

The current Congress is mulling making major changes to grantor trust rules. These changes would likely make future grantor trusts have little or no estate or gift tax value. But most everyone ...

Typically, a trust must file a separate income tax return for each calendar year. However, for most grantor trusts, filing a separate tax return is optional. The general rule and the alternative ...

Image source: Getty Images. The grantor can amend the trust in any way at any time without anyone else's permission. The grantor can continue to use and earn income from trust assets until they ...

These tools also take advantage of the grantor trust rules to generate additional estate planning benefits. The trust’s income is taxed to you, as grantor, allowing the assets to grow tax-free ...

The creator of the revocable trust, also known as the grantor, can change or cancel it after making it. As a result, ...