Sentences with phrase «grantor trust»

Grantor trusts are also often used for various strategies such as using intentionally defective grantor trusts with a «gift and note» concept in order to gain income and estate tax savings.

ETFs are often considered tax efficient because they generally don't distribute capital gains, but as we wrote in the April issue of NoLoad FundX, certain ETFs can bring unexpected tax consequences: Most ETFs are structured as open - end funds, but some ETFs are structured as partnerships or as grantor trusts and these ETFs can have different -LSB-...]

If they're minors (under age 18), you should probably establish grantor trusts for each of them and name the trusts as the beneficiaries.

Two asset protection benefits are, one, that an irrevocable trust may be set up for the employee to own the policy, such as an irrevocable life insurance trust OR another type of grantor trust, and this can assure that the policy will not be included in the employee's taxable estate for split dollar estate planning purposes.

Simply put, grantor trusts recognize taxable income to the grantor because he or she retains an interest, whereas non-grantor trusts do not.

Spouses and grantor trusts filing jointly can claim a 5 percent tax credit on contributions up to $ 3,840, for a maximum of $ 192 per qualified beneficiary.

The trial court in Kulig held that Section 2507 (3) granting a statutory share to the survivor of a decedent who made no provision for his spouse in a premarital will, would equally apply to a premarital grantor trust.

Yes, the Title Holding Trust is a fully revocable grantor trust that can be terminated, altered, amended or updated by the trustor and / or beneficiary at any point in time.

Grantor trusts are also often used for various strategies such as using intentionally defective grantor trusts with a «gift and note» concept in order to gain income and estate tax savings.

Two asset protection benefits are, one, that an irrevocable trust may be set up for the employee to own the policy, such as an irrevocable life insurance trust OR another type of grantor trust, and this can assure that the policy will not be included in the employee's taxable estate for split dollar estate planning purposes.

«One potential issue with a grantor trust structure [for a bitcoin ETF] is that assets within a grantor trust structure have historically had to be physical assets as well as homogenized.

SolidX Bitcoin Trust, a proposal by SolidX Management LLC, a subsidiary of blockchain technology company SolidX Partners Inc., is also structured as a grantor trust.

Commodity ETFs come in one of three structures: grantor trusts; LPs; or ETNs.

For tax purposes, exchange - traded products come in one of five structures: open - end funds; unit investment trusts (UITs); grantor trusts; limited partnerships (LPs); and exchange - traded notes (ETNs).

Currency Funds Currency ETFs come in one of four structures: open - end funds, grantor trusts, LPs or ETNs.

For investors looking to simplify their taxes without K - 1s, grantor trusts and ETNs might look more appealing.

Commodity Funds Commodity ETFs come in one of four structures: open - end funds, grantor trusts, LPs or ETNs.

The Trust is classified as a «grantor trust» for US federal income tax purposes.

Mesabi Trust is a grantor trust in the United States, which protects the Trust Estate and to collects and distributes the income and proceeds there from to the Trust's certificate holders after the payment of, or provision for, expenses and liabilities.

(A grantor trust is taxed differently from other trusts; all income is taxed, not to the trust, but to the person who created the trust — the «grantor» — and an irrevocable trust can not generally be changed or undone by the grantor.

Some insurers apply the «grantor trust» rules in this situation and require the annuity to pay out at George's death.

Suppose George establishes an irrevocable «grantor trust» for the benefit of his daughter, Sally.

The ILIT should be drafted as a grantor trust, which allows the sale to skirt both the three - year rule and any transfer for value issues.

For example, grantor trusts can hold an interest in a physical commodity such as gold, while limited partnerships are more likely to be used for commodity - centric ETFs with exposure to futures contracts.

As such, it is a leap of faith to expect individual investors to easily comprehend the differences between exchange - traded funds, exchange - traded notes, unit investment trusts, and grantor trusts.

Index ETFs can be set up as either grantor trusts, unit investment trusts (UITs) or open - ended mutual funds, and will subsequently have some different regulatory guidelines.

In return, they pay money to ACP Re, Karkunkel's private company owned by his grantor trust.

A nonresident trust that is required to file a federal return, including a grantor trust, with gross income (as defined in IRC Section 61 (a)-RRB- from Idaho sources of $ 100 or more for the current tax year

A resident trust that is required to file a federal return, including a grantor trust, with gross income (as defined in IRC Section 61 (a)-RRB- of $ 100 or more for the current tax year

My estate planning practice includes drafting documents including wills, revocable trusts, powers of attorney, health care directives, pre - and post-marital agreements, irrevocable life insurance trusts (ILITs), intentional defective grantor trusts (IDGTs), grantor retained annuity trusts (GRATs), all types of partnership agreements and documents related to the formation and operation of limited liability companies (LLCs).

We design estate plans that include revocable and irrevocable trusts, including insurance trusts, generation skipping and dynasty trusts, grantor retained annuity trusts, intentionally defective grantor trusts, and charitable trusts as well as family limited liability companies and family limited partnerships, and private foundations.

Ms. Yazdchi's experience also includes drafting and implementing revocable trusts, financial and healthcare powers of attorney, more complex trust instruments such as irrevocable intentionally defective grantor trusts (IDGTs), and all aspects of trust and probate administration.

Preparation and advisement regarding complex estate planning vehicles including: grantor retained annuity trusts, private foundations, self - canceling installment notes, charitable remainder and lead trusts, family limited partnerships, defective grantor trusts, irrevocable trusts, and revocable trusts

The ILIT should be drafted as a grantor trust, which allows the sale to skirt both the three - year rule and any transfer for value issues.

The policy can be sold to the insured or a grantor trust established by the insured.

She has lectured and written on estate planning for digital assets, planned charitable giving, grantor trusts, and estate planning for same - sex couples.