A trust may be taxed as either a grantor trust or a nongrantor trust. Each type of trust has advantages and disadvantages. This article examines a nongrantor trust and situations in which it might be useful.
Nongrantor Trusts Can Be Very Useful in Certain Situations
Latest posts by Paul Gantner (see all)
- Tips for Gifting to Grandchildren - May 28, 2019
- ABLE Accounts - May 25, 2019
- What Is the Difference between a General and a Limited Power of Attorney? - May 22, 2019
