Download or read book Grantor Trust Answer Book 2017 written by Steven G. Siegel and published by . This book was released on 2016-11-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A grantor trust is a trust in which the settlor retains control over the trust property or its income to such an extent that the settlor is taxed on the trust's income. The use of grantor trust arrangements has become an important estate planning tool. Owners of grantor trusts may be shareholders of S corporations. A number of desirable and sophisticated estate planning arrangements involve grantor trust status as the starting point. These include grantor retained annuity trusts (GRATs), grantor retained unitrusts (GRUTs), personal residence trusts (PRTs), qualified personal residence trusts (QPRTs) and intentionally defective grantor trusts (IDGTs).The Grantor Trust Answer Book addresses the following:. The grantor trust rules can be found in Code Sections 671 through 679. Each of these Sections describes a particular set of rules and circumstances that will cause a trust to be treated as a grantor trust. Each of these Code Sections is discussed in a separate Chapter addressing its rules and requirements.. Some of the interests retained by a grantor that make a trust a grantor trust also cause inclusion of the trust property in the grantor's estate. Other interests do not. These distinctions are discussed throughout the publication.. Separate chapters address the estate planning uses of all types of grantor trusts (GRATs and GRUTs, PRTs and QPRTs, IDGTs).. Grantor trust issues are involved in the design of certain charitable trusts, notably charitable lead trusts and these are discussed in detail. . Coverage of foreign grantor trusts which is increasingly a topic of planning interest and government concern is included as well. . The fact that grantor trusts are subject to special income tax filing and reporting rules is discussed.. The role grantor trusts may have in planning for life insurance ownership, like kind exchanges and involuntary conversions are also among the issues addressed.

Download or read book Grantor Trust Answer written by Steven G. Siegel and published by Cch. This book was released on 2017-11-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A grantor trust is a trust in which the settlor retains control over the trust property or its income to such an extent that the settlor is taxed on the trust's income. The use of grantor trust arrangements has become an important estate planning tool. Owners of grantor trusts may be shareholders of S corporations. A number of desirable and sophisticated estate planning arrangements involve grantor trust status as the starting point. These include grantor retained annuity trusts (GRATs), grantor retained unitrusts (GRUTs), personal residence trusts (PRTs), qualified personal residence trusts (QPRTs) and intentionally defective grantor trusts (IDGTs). The Grantor Trust Answer Book addresses The grantor trust rules can be found in Code Sections 671 through 679. Each of these Sections describes a particular set of rules and circumstances that will cause a trust to be treated as a grantor trust. Each of these Code Sections is discussed in a separate Chapter addressing its rules and requirements. Some of the interests retained by a grantor that make a trust a grantor trust also cause inclusion of the trust property in the grantors estate. Other interests do not. These distinctions are discussed throughout the publication.

Download or read book Grantor Trust Answer Book 2016 written by Steven G. Siegel and published by . This book was released on 2015-12-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A grantor trust is a trust in which the settlor retains control over the trust property or its income to such an extent that the settlor is taxed on the trust's income. The use of grantor trust arrangements has become an important estate planning tool. Owners of grantor trusts may be shareholders of S corporations. A number of desirable and sophisticated estate planning arrangements involve grantor trust status as the starting point. These include grantor retained annuity trusts (GRATs), grantor retained unitrusts (GRUTs), personal residence trusts (PRTs), qualified personal residence trusts (QPRTs) and intentionally defective grantor trusts (IDGTs). The Grantor Trust Answer Book addresses the following: . The grantor trust rules can be found in Code Sections 671 through 679. Each of these Sections describes a particular set of rules and circumstances that will cause a trust to be treated as a grantor trust. Each of these Code Sections is discussed in a separate Chapter addressing its rules and requirements. . Some of the interests retained by a grantor that make a trust a grantor trust also cause inclusion of the trust property in the grantors estate. Other interests do not. These distinctions are discussed throughout the publication. . Separate chapters address the estate planning uses of all types of grantor trusts (GRATs and GRUTs, PRTs and QPRTs, IDGTs). . Grantor trust issues are involved in the design of certain charitable trusts, notably charitable lead trusts and these are discussed in detail. . Coverage of foreign grantor trusts which is increasingly a topic of planning interest and government concern is included as well. . The fact that grantor trusts are subject to special income tax filing and reporting rules is discussed. . The role grantor trusts may have in planning for life insurance ownership, like kind

Download or read book Grantor Trust Answer Book 2014 written by Steven G. Siegel and published by . This book was released on 2013-12-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A grantor trust is a trust in which the settlor retains control over the trust property or its income to such an extent that the settlor is taxed on the trust's income. The use of grantor trust arrangements has become an important estate planning tool. Owners of grantor trusts may be shareholders of S corporations. A number of desirable and sophisticated estate planning arrangements involve grantor trust status as the starting point. These include grantor retained annuity trusts (GRATs), grantor retained unitrusts (GRUTs), personal residence trusts (PRTs), qualified personal residence trusts (QPRTs) and intentionally defective grantor trusts (IDGTs).

Download or read book Grantor Trust Answer Book written by Steve G. Siegel and published by CCH Incorporated. This book was released on 2012-12 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: A grantor trust is a trust in which the settlor retains control over the trust property or its income to such an extent that the settlor is taxed on the trust's income. The use of grantor trust arrangements has become an important estate planning tool. Owners of grantor trusts may be shareholders of S corporations. A number of desirable and sophisticated estate planning arrangements involve grantor trust status as the starting point. These include grantor retained annuity trusts (GRATs), grantor retained unitrusts (GRUTs), personal residence trusts (PRTs), qualified personal residence trusts (QPRTs) and intentionally defective grantor trusts (IDGTs).

Download or read book Grantor Trust Answer written by Steven G. Siegel and published by CCH Incorporated. This book was released on 2011-12 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: : A number of desirable and sophisticated estate planning arrangements involve grantor trust status as the starting point. These include grantor retained annuity trusts (GRATs), grantor retained unitrusts (GRUTs), personal residence trusts (PRTs), qualified personal residence trusts (QPRTs) and intentionally defective grantor trusts (IDGTs). The Grantor Trust Answer Book addresses the following:. The grantor trust rules can be found in Code Sections 671 through 678. Each of these Sections describes a particular set of rules and circumstances that will cause a trust to be treated as a grantor trust. Each of these Code Sections is discussed in a separate Chapter addressing its rules and requirements.

Download or read book Grantor Trust Answer Book 2015 written by Steven G. Siegel and published by . This book was released on 2014-12-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A grantor trust is a trust in which the settlor retains control over the trust property or its income to such an extent that the settlor is taxed on the trust's income. The use of grantor trust arrangements has become an important estate planning tool. Owners of grantor trusts may be shareholders of S corporations. A number of desirable and sophisticated estate planning arrangements involve grantor trust status as the starting point. These include grantor retained annuity trusts (GRATs), grantor retained unitrusts (GRUTs), personal residence trusts (PRTs), qualified personal residence trusts (QPRTs) and intentionally defective grantor trusts (IDGTs). The Grantor Trust Answer Book addresses the following: . The grantor trust rules can be found in Code Sections 671 through 679. Each of these Sections describes a particular set of rules and circumstances that will cause a trust to be treated as a grantor trust. Each of these Code Sections is discussed in a separate Chapter addressing its rules and requirements. . Some of the interests retained by a grantor that make a trust a grantor trust also cause inclusion of the trust property in the grantors estate. Other interests do not. These distinctions are discussed throughout the publication. . Separate chapters address the estate planning uses of all types of grantor trusts (GRATs and GRUTs, PRTs and QPRTs, IDGTs). . Grantor trust issues are involved in the design of certain charitable trusts, notably charitable lead trusts and these are discussed in detail. . Coverage of foreign grantor trusts which is increasingly a topic of planning interest and government concern is included as well. . The fact that grantor trusts are subject to special income tax filing and reporting rules is discussed. . The role grantor trusts may have in planning for life insurance ownership, like k

Download or read book Grantor Trust Answer Book written by Steven G. Siegel and published by CCH Incorporated. This book was released on 2010-01-01 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Taxation of Trusts Grantors and Beneficiaries written by John L. Peschel and published by Warren Gorham & Lamont. This book was released on 1989 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Estate and Retirement Planning Answer Book written by William D. Mitchell and published by CCH. This book was released on 2008-08 with total page 1284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estate and Retirement Planning Answer Book (2009 Edition) provides expanded coverage of financial and estate planning strategies for implementing individualized solutions for the special problems associated with retaining accumulated wealth for retirement and estate planning purposes. With its comprehensive two-part approach to the complex issues that link retirement planning and estate planning, Estate and Retirement Planning Answer Book (2009 Edition), includes coverage of such topics as the final minimum distribution rules for individual retirement accounts and qualified plan distributions, the use of insurance as a qualified plan asset, and changes in the law to reflect the latest legislation.

Download or read book Estate and Retirement Planning Answer Book written by William David Mitchell and published by CCH Incorporated. This book was released on 2006-09-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Grantor Trusts sections 671 679 written by Robert T. Danforth and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: ... examines the taxation of grantors and third parties deemed to own the assets of a trust under [section] 671–[section] 679. The planning and drafting of trusts requires a clear understanding of the grantor trust rules in order to ensure that the grantor, trust, and beneficiaries are taxed in the desired fashion.

Download or read book Intentionally Defective Grantor Trusts Line by Line written by Brad A. Galbraith and published by . This book was released on 2016-03-01 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Charitable Giving Answer Book 2009 written by Catherine W. Wilkinson and published by CCH. This book was released on 2008-11 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt: Closely Held Businesses in Estate Planning provides exhaustive coverage of the gratuitous transfer tax system, inter vivos gifting strategies, valuations freezes, intra-family sales, buy-sell agreements, the marital deduction, planning strategies for retirement income distributions, and valuation of closely held business interests. This easy-to-use reference provides complete and comprehensive coverage of the strategies and practices for protecting a closely held business while limiting the tax burden on the estate's owner.

Download or read book The Grantor Trust as a Holder of Subchapter S Stock written by Daryl H. Carlson and published by . This book was released on 1978 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Understanding Grantor Trust Rules written by George L. Cushing and published by . This book was released on 1998 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Basis of Grantor Trust Assets Before the Grantor s Death written by Jeffrey Pennell and published by . This book was released on 2019 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: The government's Priority Guidance Plan includes an item whether §1014 new-basis-at-death should apply when the status of a grantor trust changes at the grantor's death. The unstated assumption appears to be that assets transferred from a grantor to the grantor's trust will have a carryover of the grantor's basis prior to the grantor's death. This essay addresses that notion, and whether a grantor's transfer of assets into a grantor trust in what purports to be a sale or exchange transaction (that is, not a gift) causes the trust to instead have a basis equal to fair market value rather than a carryover basis. The shocking reality is that this question is not clearly addressed in the Code or Regulations, nor by jurisprudence, leaving unresolved the proper application of the basis rules and spawning no small amount of abuse or aggressive transactions.