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Hereinafter Referred to as Grantors, Do Hereby Grant and Warrant Unto , Form

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Hereinafter Referred to as Grantors, Do Hereby Grant and Warrant Unto , Form

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hello everybody welcome back to the 10th of an hour with Griffin Bridgers where I challenge you to replace 1/10 of an hour of billable time with 1/10 of an hour of learning during your day for today's episode episode 2 we're going to talk about tax gray areas dealing with transactions with grantor trusts and Revenue Ruling 85 - 13 now in yesterday's episode episode 1 we briefly introduced the concept of grantor trusts and how a sale between a grantor and a trust was typically disregarded for income tax purposes but the genesis for that was that the grantor of a trust under the grantor trust rules could be treated as the owner of the actual asset being sold or exchanged and that's the Nexus of today's Revenue Ruling 85 - 13 that we're gonna look at now this Revenue Ruling is often cited for the purpose of disregarding the income tax effects of a sale between a grantor and a grantor Trust but today we're gonna dig a bit deeper into

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