Explore how you cause nongrantor trust status and how you can avoid it.
Recorded Course: What is a Nongrantor Trust?
Watch this course and learn 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 include:
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"?
Presenters: Brian F. Albee, J.D., ElderCounsel
Duration: 56 minutes
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