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Hereinafter Referred to as Grantors, and , a Corporation Organized under the Form

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Hereinafter Referred to as Grantors, and , a Corporation Organized under the Form

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phantom income it's a huge issue in tax law and grantor trusts like pass-through entities do open up the grantor to phantom income issues now with pass-through entities you can make mandatory tax distributions but that may not be a good idea in grantor trusts because mandatory tax distributions can violate the estate tax savings goals of the grantor trust itself however in some cases it may still be possible for a grantor to receive tax distributions typically within the discretion of an independent trustee or indirectly through distributions to a spouse under a spousal lifetime access trust or slat if the spouse and grantor are joint filers but all that being said tax distributions may be tax inefficient when you consider the fact that a grantor's payment of income tax on behalf of a grantor trust is not a taxable gift i'm griffin bridgers and this is 10 minutes with griffin welcome to episode 161 everybody today we're going to look into tax distributio

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