Grantor trusts are a particularly powerful tool in estate planning. They allow the taxpayer to remove assets from their taxable estate, while those assets can grow tax-free because the grantor is paying the income tax for the trust. Read on to learn more about the magic of grantor trusts.
Founded in 2003, Thompson Law, PLLC is a professionally licensed and accomplished estate planning law firm. We provide comprehensive, tailored estate planning services through the use of living trusts, wills, powers of attorney, living wills, irrevocable trusts, family limited partnerships, and charitable gifting strategies. Thompson Law helps families preserve their wealth for future generations, minimize estate taxes, and avoid the expense of extended probate Read More!
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