Question: How Does a Grantor Trust Work?— T. Rodriquez Answer: A Grantor Trust is a trust in which the person establishing the trust retains enough “ownership rights” or “incidents of ownership” that the person is treated by the IRS as the owner of the trust assets for
Setting up a business is always a hassle. One of the biggest issues is what to call your business. Often the name means the difference between success and failure. 1-800-CONTACTS started as a college senior project for a business school student. He got the right 800 number and then he named the company the same […]
Osama Bin Laden, the evil mastermind behind the September 11 attacks has been killed. Americans are jubilant feeling that finally justice has been served. The United States has been trying to capture or kill Osama Bin Laden for more than 15 years. Before September 11, the US
If you are doing an S corporation, the trust has to be a “special form” of living revocable trust. The trusts in the Accumulation and Preservation of Wealth Course are sub S qualified trusts, because of their wording.