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, the ...

A grantor trust is trust where the grantor, or in some cases another person, is treated as the owner of the trust for federal income tax purposes. Items of income, deduction and credits of a grantor ...

In a grantor trust, the grantor (e.g., the creator of the trust or a person who made a gratuitous transfer to the trust) must report on her personal income tax return all items of income, loss, ...

Trusts are valuable tools for estate planning. They allow individuals and families to protect assets and clear the way for property to be transferred potentially faster and more efficiently cheaper, ...

Learn all about revocable living trusts including its definition, how it works, and its pros and cons. Discover if it's the right fit for you.

When thoughtfully designed and coordinated with broader financial and family goals, a SLAT can be a cornerstone of ...

Wealth managers say more clients are transferring assets to their children during their lifetimes. Here are the best ways to ...

Editor’s note: This is part eight of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for ...

Did you know that about 55% of Americans have no estate plan at all, leaving their wishes—and their loved ones—unprotected? Many think they don’t need a will or estate plan because they have too few ...

For clients waiting to see if Congress will extend or cut the lifetime gift and estate tax exclusion next year, setting up an irrevocable trust now can be a base-covering estate planning option. Katie ...