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 Daniel DeBruyckere (see all)
- How Can I Include Philanthropy in My Estate Plan? - April 13, 2021
- Top 5 VA Benefits - April 9, 2021
- 5 Things You Should Know about Medicaid - April 1, 2021