Both grantor and grantee can come with a variety of meanings, depending on the context. When it comes to the world of real estate transactions, the terms can apply to a few different situations.

The IRS has ruled that for federal estate tax purposes a long-used basis adjustment under Sec. 1014 generally doesn’t apply to the assets of an irrevocable grantor trust that aren’t included in the ...

In a grantor trust, the grantor (e.g., the creator of the trust or a person who made a gratuitous transfer to the trust) must report on her personal income tax return all items of income, loss, ...

When estate planning, it is critical to know who is the grantor of a trust, as it can significantly impact financial planning and estate strategy. As the individual who establishes a trust, the ...

Several Senators (Warren, Whitehouse, Sanders and Van Hollen) sent a letter to the IRS this week urging the IRS to make various changes to grantor trust rules. These Senators have sent similar letters ...

Estate tax planning experts and many affluent taxpayers are aware of the multiple advantages of what are known in the technical jargon as "Intentionally Defective Grantor Trusts" (IDGTs), which are ...

To understand how trusts work, it's helpful to know that their main purpose is to ensure your assets go to the people you ...

Suppose your financial objectives include income and leaving a legacy for your heirs. In that case, it’s essential to work with a financial professional familiar with your many options, including ...

The estate planning process can be one of the most tedious and frustrating parts of developing a comprehensive financial plan. And, this can be particularly true for wealthy individuals. It... The ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Previously, I wrote on What a Trust is in some detail, but did not go into ...