(218) 720-2888
A trust may be taxed as either a grantor trust or a nongrantor trust. Each type of trust has advantages and disadvantages. This article examines a grantor trust and situations in which it might be useful.
Grantor Trusts Provide Flexibility and Ease
Attorney at Law Office of Yvonne Michaud Novak
Yvonne M. Novak received her Bachelor of Arts Degree from the College of St. Scholastica and her Law Degree (Juris Doctor) With Distinction from the University of North Dakota School of Law. Prior to opening her law firm, she worked as a paralegal, investment representative, and licensed nursing home administrator
Latest posts by Yvonne Novak (see all)
- Death and Your Digital Footprint - September 15, 2022
- The Toll of Serving as Fiduciary - June 20, 2022
- How Estate Planning Documents Help Prevent Elder Abuse - May 19, 2022
