Grantor trusts are groovy. They have so many potential benefits that they are the cornerstone of many, maybe even most estate plans. Grantor trusts let you transaction business with your trust without ...

The distinction between a grantor and a grantee in real estate lies in the transfer of property rights. The grantor is the party who transfers the property, while the grantee is the recipient of these ...

Both grantor and grantee can come with a variety of meanings, depending on the context. When it comes to the world of real estate transactions, the terms can apply to a few different situations.

Some easements will contain express language that delineates the respective rights of the grantor and grantee to make use of the easement. Other times, even absent express language, a grantor can be ...

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 ...

January 13, 2023 - Irrevocable grantor trusts (also known as "intentionally defective grantor trusts" or "IDGTs") are one of the most effective and popular estate planning tools for families to shift ...

June 21, 2023 - On March 30, 2023, the Internal Revenue Service issued Revenue Ruling 2023-2, which directly impacts a wide range of irrevocable trusts, including grantor retained annuity trusts, ...

A grantor retained annuity trust, or GRAT, can help you transfer wealth to heirs while reducing your tax liability. Many, or all, of the products featured on this page are from our advertising ...

In Millstein v. Millstein, 110 N.E.3d 674 (8th Dis. App. 2018), Norman Millstein sought to compel the trustee of two irrevocable grantor trusts to reimburse him for income taxes he paid on behalf of ...

Smart state income tax planning for trusts, in particular, can offer some surprising benefits. That’s why it’s important to regularly review your documents in order to maximize savings. Many trusts ...

Discretionary beneficiaries are individuals or entities eligible for trust, insurance, or retirement distributions based on conditions set by the grantor. Learn their role and impact.