video-clip
- Consumer
Grantor vs. Non-Grantor Trusts-Which to Use Now and Why
- Income earned by a grantor trust is taxed to a the settlor.
- In contrast income earned by a non-grantor trust is generally taxed to the trust (unless distributions shift income to beneficiaries).
- What makes a trust a grantor trust?
- What makes a trust a non-grantor trust?
- When would you use a grantor trust?
- When would you use a non-grantor trust?