Grantor Trusts: What Are They and When Should You Use Them

Grantor Trusts: What Are They and When Should You Use Them

Regular price $129.00

One hour webinar. Many estate planning strategies rely on the use of grantor trusts to achieve liability protection and income tax benefits. A grantor trust is generally one in which the grantor is treated as the owner of the assets transferred to the trust for income tax purposes, but the assets remain outside of his estate for estate tax purposes. In order to have an effective grantor trust, there are strict rules that must be followed when drafting and administering the trust so as not to cause the trust to lose its income tax status or to cause estate inclusion.

This webinar will provide an understanding of what a grantor trust is, how it should be drafted and administered, and explain the scenarios in which incorporating one into a client’s estate plan may be appropriate. Practitioners will learn: (1) What is a grantor trust versus a non-grantor trust, (2) What powers should be retained by the grantor in order to cause the trust to be treated as a grantor trust for income tax purposes, (3) How a grantor trust provides liability protection and (4) How to structure and administer a grantor trust so as to avoid estate inclusion.

Presenter: Daniel B. Capobianco, JD, CPA

CLE: 1.0 General credits  

States Pre-Approved: AR, CA, NJ, NY, OK, PA, VT

(AK, AZ, CT, MO, NH eligible to claim credit)

We will supply you with the information needed to self-apply in other states.

Contact for CLE assistance. 

WealthCounsel members: This CLE eligible program is complimentary for WealthCounsel members.  Please access and view it here via the member website for optimal experience and inclusion in your CLE Profile Account.

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