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 grantor trust and situations in which it might be useful.
Grantor Trusts Provide Flexibility and Ease
Attorney Daniel A. DeBruyckere has been practicing law in New Hampshire and Massachusetts since 1998, and has helped hundreds of clients with their estate planning and elder care issues. He is very well respected in the area of estate planning, probate, trust administration, elder law issues, and business planning.
Latest posts by Daniel DeBruyckere (see all)
- Do I Need an Attorney to Administer a Trust? - January 26, 2023
- How Using a Trust Can Protect a Valuable Inheritance - January 24, 2023
- What Seniors Need to Know to Protect Assets - January 19, 2023
