News

When planning for the future, many people use trusts as a way to manage their assets, avoid probate, and protect their loved ...
This is a listing of recent Carroll County Circuit Court’s County Month End Deeds of Partition and Conveyance. The following listings were recorded on May 7, 2025 to May 15, ...
Deed fraud and identity theft often go hand-in-hand, so it’s important to guard your Social Security number, identification and financial account information.
The grantor of a trust can change, modify, or revoke the trust at any point. Upon the grantor’s death or incapacity, adesignated trustee will manage and distribute the assets according to the ...
The end of the "stretch" strategy, possible sunset of the Tax Cuts and Jobs Act and opportunities for qualified small business stock offer investors potential savings through trust strategies.
The attorney advises the trust maker that instead of having the trust pay taxes, the trust maker should set up a trust with “grantor” provisions so that the trust maker will continue paying ...
In filing those forms, Gunter incorrectly reported WCF as a grantor trust. The difference in characterization makes a huge difference for tax purposes—a grantor trust treats Gunter as the owner ...
Under a revocable trust, the grantor’s assets go into the trust and are no longer in the grantor’s possession. But sometimes, estate planning can be confusing. If assets are not in the ...
"The modification to add the tax reimbursement clause will constitute a taxable gift by the trust beneficiaries because the addition of a discretionary power to distribute income and principal to the ...
The trust enables the grantor to transfer assets to the beneficiaries, and this type of entity gets the "intentionally defective" part of its name from the fact that any appreciated income ...
A grantor is an individual or other entity that creates a trust. Their assets are placed into the trust. A grantor may also function as the trustee and may be referred to as the settlor ...