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2. Grantor retained annuity trust - Wikipedia

   en.wikipedia.org/wiki/Grantor_retained_annuity_trust

   A grantor-retained annuity trust (commonly referred to by the acronym GRAT) is a financial instrument commonly used in the United States to make large financial gifts to family members without paying a U.S. gift tax.

3. United States trust law - Wikipedia

   en.wikipedia.org/wiki/United_States_trust_law

   For Federal income tax purposes in the United States, there are several kinds of trusts: grantor trusts whose tax consequences flow directly to the settlor's Form 1040 (U.S. Individual Income Tax Return) and state return, simple trusts in which all the income created must be distributed to one or more beneficiaries and is therefore taxed to the ...

4. Don't Sleep on This Difference: Family Trust vs. Living Trust

   www.aol.com/finance/dont-sleep-difference-family...

   Family trusts are meant to live beyond the grantor's life. A family trust has an extended lifespan that enables it to distribute assets based on designated milestones (ie., marriage, having children).

5. Trust Tax Rates and Exemptions for 2022 - AOL

   www.aol.com/news/trust-tax-rates-exemptions...

   Continue reading → The post Trust Tax Rates and Exemptions for 2022 appeared first on SmartAsset Blog. ... Or you might put the family home into a trust, creating a legal entity that will own ...

6. Qualified personal residence trust - Wikipedia

   en.wikipedia.org/wiki/Qualified_personal...

   Residence trusts in the United States are used to transfer a grantor's residence out of the grantor's estate at a low gift tax value. Once the trust is funded with the grantor's residence, the residence and any future appreciation of the residence are excluded from the grantor's estate, if the grantor survives the term of the trust, as explained below.

7. How The Ultra-Wealthy Protect Their Money Using This ... - AOL

   www.aol.com/finance/ultra-wealthy-protect-money...

   An IDGT is used for estate and gift tax planning.It’s important to note that these trusts are generally only relevant to wealthy households. As of 2022, you can leave up to $12.06/$24.12 million ...