The grantor carries several legal responsibilities during a real estate transaction. One of the primary duties is to provide ...

Kelly-Anne’s uncle passed away and the bank has now locked the trust’s bank account. Considering that there’s a substantial ...

Profit and prosper with the best of expert advice - straight to your e-mail. Intentionally defective grantor trusts (IDGTs) are irrevocable trusts that are structured to be intentionally ...

Her expertise is in personal finance and investing, and real estate. Investopedia / Mira Norian A grantor retained annuity trust (GRAT) is an estate planning tool used to minimize taxes on large ...

Often, the answer is an IDGT. An intentionally defective grantor trust, or IDGT, is not merely one of the most amusing terms in personal finance, but also a powerful tool for legally transferring ...

A trust must be set up as either revocable or irrevocable and have a grantor, at least one beneficiary, and a trustee. Depending on the type of trust fund, one or more of these parties may be ...

It protects their assets and directs their distributions after the grantor's death. It's an estate planning tool that can help family members and beneficiaries avoid a lengthy, public, complex ...

Two recent Michigan Court of Appeals cases delve into what it takes to successfully pursue an undue influence claim. In re ...

Typically, a trust must file a separate income tax return for each calendar year. However, for most grantor trusts, filing a separate tax return is optional. The general rule and the alternative ...