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A grantor trust that is excluded from the taxable estate is one of the most powerful estate planning tools in the planner's arsenal. Paying the trust’s…
A grantor trust that is excluded from the taxable estate is one of the most powerful estate planning tools in the planner's arsenal. Paying the trust’s income tax can leave more wealth invested for the beneficiaries.
Today's Daily Tax Planning Strategy explains grantor trust tax planning. The plan needs to account for the grantor’s cash, the trust terms and the separate estate-tax and basis consequences.
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