Grantor Trusts Can Give Your Estate Plan A Boost
Overview
With estate tax repeal less likely, grantor trusts are gaining attention as a way to optimize existing tax exemptions. Because grantor trusts offer income tax and estate tax benefits, they also can be a powerful tool for removing assets from a taxable estate. This article from Atlantic Trust Private Wealth Management explains the types of trusts, how to set up a trust and how to name beneficiaries.