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

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 ...

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 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 ...

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

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 ...

They had been hoping that by paying income taxes on the income of a completed-gift trust under the grantor trust powers, the trust would be eligible for both a step-up in basis and for estate tax ...

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

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 ...

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 ...

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 ...