What is a Grantor vs Non-Grantor Trust?

What is a Grantor vs Non-Grantor Trust?

One of the many factors to consider when setting up a trust is whether to make it a grantor trust or a non-grantor trust. While a grantor trust is more common, a non-grantor trust can be useful in certain circumstances. A Grantor Trust A grantor trust is any trust in...
Are there Drawbacks to a Living Trust?

Are there Drawbacks to a Living Trust?

Also known as a revocable trust, a living trust is a highly beneficial estate planning tool and useful in a wide variety of situations – but trusts do not come without drawbacks. While the pros typically outweigh the cons, it is important for you to consider...