When estate planning, it is critical to know who is the grantor of a trust, as it can significantly impact financial planning and estate strategy. As the individual who establishes a trust ...
Putting your home in a trust simply means transferring ownership of your home into a trust you have created with a trust ...
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 ...
Halfpoint Images / Getty Images An Intentionally Defective Grantor Trust (IDGT) is an estate planning tool designed to help individuals manage the tax treatment of certain assets. The IDGT allows ...
Investopedia / Mira Norian A grantor retained annuity trust (GRAT) is an estate planning tool used to minimize taxes on large financial gifts made to family members. It can avoid using much (if ...