Sentences with GRANTOR-TRUST
Check out our example sentences below to help you understand the context.Sentences
1
"A grantor trust allows the grantor to manage and control the trust assets."
2
"One benefit of a grantor trust is that the grantor can avoid gift or estate taxes on the trust assets."
3
"A revocable living trust is a common type of grantor trust."
4
"In a grantor trust, the grantor retains certain powers or control over the trust assets."
5
"The income generated by a grantor trust is typically taxed to the grantor."
6
"To create a grantor trust, the grantor transfers assets to the trust while still maintaining certain powers."
7
"A grantor trust can be a useful estate planning tool."
8
"In a grantor trust, the grantor can change beneficiaries if desired."
9
"One disadvantage of a grantor trust is that the trust assets are still considered part of the grantor's estate for estate tax purposes."
10
"In a grantor trust, the grantor can serve as the trustee and manage the trust assets."
11
"A grantor trust can provide asset protection for the grantor's beneficiaries."
12
"The terms of a grantor trust are usually outlined in a trust agreement or document."
13
"In a grantor trust, the grantor may also retain the power to amend or revoke the trust."
14
"A grantor trust can be structured as an irrevocable trust under certain circumstances."
15
"The grantor of a grantor trust can also be referred to as the settlor or trustor."
16
"A grantor trust is a commonly used tool in Medicaid planning."
17
"A grantor trust can help facilitate the smooth transfer of assets upon the grantor's death."
18
"In a grantor trust, the grantor is often the primary beneficiary of the trust during their lifetime."
19
"To establish a grantor trust, the grantor must transfer legal ownership of the assets to the trust."
20
"A grantor trust can be an effective strategy for minimizing estate taxes."
1
"The grantor trust allows the grantor to retain control of the assets while still transferring them to the beneficiaries."
2
"A grantor trust can be created during the grantor's lifetime or through a testamentary trust in their will."
3
"In a grantor trust, the grantor is typically responsible for paying any income tax on the trust's earnings."
4
"One benefit of a grantor trust is that the grantor can change the terms or revoke the trust at any time."
5
"The grantor trust provides flexibility and control over the trust assets to the grantor."
6
"In a grantor trust, the grantor may also be a beneficiary of the trust."
7
"A grantor trust can help in estate planning by minimizing estate taxes and avoiding probate."
8
"The grantor trust instrument outlines the terms and conditions set by the grantor."
9
"To create a grantor trust, the grantor must transfer legal ownership of the assets to the trust."
10
"Certain requirements must be met for a trust to qualify as a grantor trust for tax purposes."
