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 ...

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

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 ...

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 ...

A trust fund is a legal entity that can hold various assets, including cash, stocks, and other investments. These assets ...

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 ...

Often, the answer is an IDGT. An intentionally defective grantor trust, or IDGT, is not merely one of the most amusing terms in personal finance, but also a powerful tool for legally transferring ...

The trust is set up during an individual’s lifetime and allows them to transfer ownership of their assets while keeping full control. The grantor of a trust can change, modify, or revoke the ...

Incorporation of changes to the original terms of a CRUT may allow it to better reflect the grantor’s current objectives.

The distribution can happen after death or before, depending on the grantor's wishes. Living trusts come in two forms -- ...

The usual living trust you form for estate planning doesn’t help, since the grantor must include the income on his return. They seek to wall off assets from California’s 13.3% tax rate via a ...

Nvidia CEO Jensen Huang is among the largest tax dodgers in the U.S. according to a report published by the New York Times.