grantor trust

Why Grantors Trusts May Save You On Taxes

The topic of Living Trusts can be confusing and complex in nature, especially when it comes to taxation.  In this article, I will clarify how a basic grantor revocable living trust is taxed.

What is a trust?         

Understanding a grantor trust is the first point when considering how a trust is taxed. By definition, a trust is an estate planning tool that creates a relationship where three different roles are created:

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