Sentences with phrase «grantor trusts»

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

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

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.

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.

Amy helps clients establish a variety of trusts to meet their planning goals including grantor retained annuity trusts and intentionally defective grantor trusts.

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).

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.

Publicly traded grantor trusts, such as Merrill Lynch's HOLDRs securities, are sometimes considered to be ETFs, although they lack many of the characteristics of other ETFs.

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.

The AFR is useful for tax concepts such as Original Issue Discount (when issuers sell low - interest or no - interest bonds or loans at less than face value, attempting to recharacterize interest income as return of principal), various grantor trusts (e.g. GRATs), and so forth.

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.

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.

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.

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

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

Commodity Funds Commodity 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.

Currency Funds Currency ETFs come in one of four structures: open - end funds, 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).

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

«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.

The Winklevoss twins propose to structure their bitcoin ETF as a «grantor trust.»

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.

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

• the Trust fails to qualify for treatment, or ceases to be treated, as a grantor trust for US federal income tax purposes, and the Trustee receives notice from the Sponsor that the Sponsor determines that, because of that tax treatment or change in tax treatment, termination of the Trust is advisable;

the Trust fails to qualify for treatment, or ceases to be treated, as a grantor trust for US federal income tax purposes, and the Trustee receives notice from the Sponsor that, because of that tax treatment or change in tax treatment, termination of the Trust is advisable;

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.

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.

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

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.

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.

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.

(04/2001 — Present) • Managing deceased grantor trust accounts and estates, Agent for Personal Representative and Agent for Trustee accounts, Successor Trustee account.

Trust Associate III — Wealth Management Group / Probate Unit (11/1997 — 04/2001) • Supported five Trust Officers handling the estate administration of over 45 estates and deceased grantor trust accounts.

Not exact matches

A life insurance trust is a trust that has the power to purchase life insurance policies on the person who establishes the trust (the grantor), the grantor's spouse, or the trust...

A life insurance trust is a trust that has the power to purchase life insurance policies on the person who establishes the trust (the grantor), the grantor's spouse, or the trust beneficiaries.

If income is attributable to U.S. sources, income tax for the trust is the responsiblity of the grantor.

These shares do not include 1,213,435 shares, valued at approximately $ 247,856,233 on March 20, 2015, that Mr. Pearson, as the grantor, previously contributed to the J. Michael Pearson grantor retained annuity trust, for which he is not the trustee and in which he has no pecuniary interest; however, the shares in this trust remain subject to the same selling restrictions as applicable to Mr. Pearson.

One such loophole is grantor retained annuity trusts (GRATs):

Revocable trusts, sometimes referred to as revocable living trusts, living trusts, or inter vivos trusts, refers to trusts that the grantor can amend at any time.

Instead, the trust becomes irrevocable after the grantor dies, and the successor trustee appointed in the trust document distributes the property according to the terms of the trust.

While this restricts you, the grantor, from control of the trust for its duration, an irrevocable trust is very tax advantageous.

Irrevocable trust funded by gifts by its grantor; designed to shift future appreciation on quickly appreciating assets to the next generation during the grantor's lifetime