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Grantor, Does Hereby Grant, Release, and Warrant Unto , as Trustee of Form

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Grantor, Does Hereby Grant, Release, and Warrant Unto , as Trustee of Form

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you've got a trust but how should it be taxed there are several options and today we're going to talk about what it means when a trust is a grantor trust for income tax purposes hi I'm John stromm with Strow law where we help our clients leave no unfinished business while I am a lawyer I am not your lawyer so don't take the advice from some talking head on the internet make sure you get your own advice from your own advisers about your particular situation now today we're talking about what happens when we're going to pay income tax when it comes out of a trust when a trust is involved there are some options things are more complicated because trusts pay tax in a different way than individuals corporations Partnerships and other taxable entities so we want to get into what the real option is when we're thinking about estate planning the option that you may not be aware of is called grantor trust status and what happens generally i

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