How is Income in Irrevocable Grantor Trusts Taxed?
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Q. My mother set up an irrevocable grantor trust with your firm as part of her estate planning. Can you explain more to me about what that means? She also asked me to inquire about how the trust’s income is taxed and what forms she should use to file. Thanks for your help!
Critter Corner: The Best Way to Show Your Loved Ones That You Care This Valentine’s Day
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On Valentine’s Day, most people buy chocolates, flowers, or jewelry, and go out for a fancy dinner or get carryout these days. As a recent widow (my husband passed away two years ago), I don’t have a special someone to share such gifts with, but I do have children and grandchildren. Do you think an estate plan is a good idea for a meaningful gift for my entire
family?
Order Books by Evan Farr, 4-Time Best-Selling Author
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Certified Elder Law Attorney and Medicaid Asset Protection Expert, Evan H. Farr, CELA, has written four best-selling books in the field of elder law. For more information and to order, click here.
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