7-May-18
Grantor Trusts – A Primer
Take-Away: Grantor trusts for income tax purposes cause the grantor/settlor of the irrevocable trust to pay the income taxes on the trust’s income. But the trust’s assets will not be included in the grantor’s estate for estate tax calculation purposes. Some of the benefits of a grantor trust are: (i) a transfer of assets between […]
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