Recorded: December 12, 2017
Presented by Brian F. Albee, JD, ElderCounsel
Duration: 56 minutes
In this webinar, we will discuss what it means for a trust to be a “nongrantor trust;” income-tax implications of nongrantor trust status; and whether a “nongrantor trust” is a “completed-gift trust.”
Topics Covered:
- What is a nongrantor trust?
- What are the nongrantor trust rules?
- How can you cause nongrantor trust status?
- How can you avoid nongrantor trust status?
- What are the income-tax implications of nongrantor trust status?
- Is a nongrantor trust a “completed-gift trust”?