Non-grantor trusts

Flipping the Script: Nongrantor Trusts with Grantor Trust Benefits – Can It Be Done?

Topics: Estate planning, Grantor trusts, Non-grantor trusts, Trusts

Grantor trusts, which tax the trust’s income to the trust creator (“donor”), have long been a planning mainstay, as they can enhance growth in the trust and offer significant flexibility in transactional planning with the donor. As discussed in WRMarketplace No. 18-03, however, new limits on tax deductions, including for state and local taxes, may…

Case Study Series- Grantor Trusts vs. Non-Grantor Trusts – Which and When

Topics: Estate planning, Grantor trusts, Non-grantor trusts, Trusts

Irrevocable trusts are frequently used to transfer family wealth to younger generations. Such trusts can be structured as either grantor or non-grantor trusts, where either the grantor pays the tax on trust income or the trust or its beneficiaries pay the tax. For clients able to bear the income tax burden, grantor trust status offers…

Non-Grantor Trusts Can be Taxing – Part II: State Income Tax Considerations. 

Topics: Estate planning, Non-grantor trusts, Trusts

Thursday October, 15 2015WRM# 15-­38 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-­aways, for AALU members, clients and...

Non-­Grantor Trusts Can Be Taxing.

Topics: Estate planning, Non-grantor trusts, Trusts

Thursday, October 1, 2015WRM#15-­36 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-­aways, for AALU members, clients and advisors....