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 Amy Nowaczyk (see all)
- The Sky Isn’t Falling - February 1, 2022
- 2022 Medicaid Spousal Allowances Update - January 27, 2022
- 2022 IRA RMDs Have Been Reduced - January 26, 2022