Grantor Trust Income Tax Planning and Planning Opportunities

Grantor trusts remain one of the most powerful and misunderstood tools in estate, tax, and wealth transfer planning. This advanced webinar will explore the income tax rules governing grantor trusts, including the critical provisions of IRC §§671-678, the distinction between grantor and non-grantor trust status, partial grantor trust treatment, income tax reporting requirements, and the implications of changes in trust status. Attendees will gain practical insights into planning opportunities that continue to drive sophisticated estate planning strategies, including tax burn planning, tax reimbursement clauses, substitution powers for basis management, intentionally defective grantor trusts (IDGTs), sales to grantor trusts, dynasty trust planning, and the use of grantor trusts in conjunction with S corporation ownership. The program will also address common drafting and administration pitfalls, planning considerations for maintaining desired tax treatment, and strategies for integrating grantor trusts into broader estate, asset protection, and multigenerational wealth planning objectives. Whether advising business owners, high-net-worth families, trustees, or family offices, professionals will leave with actionable guidance on leveraging grantor trust rules to meet client goals while navigating increasingly complex tax and fiduciary considerations.

Speakers: Christine G. Pronek, CPA and Martin Shenkman, Esq.