A non-grantor trust is a separate legal entity for federal tax reporting purposes; as a result, a trust is required to file a Form 1041 to report the income, deductions, gains, losses and credits ...

The current Congress is mulling making major changes to grantor trust rules. These changes would likely make future grantor trusts have little or no estate or gift tax value. But most everyone ...

you’ll need to draft a trust document, either on your own or with the help of an estate lawyer, that lays out the grantor, trustee, beneficiaries, and assets. Then you sign and notarize the ...