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.
Estate Planning Attorney at Progeny Law Firm
Myrna Arroyo graduated from Tulane University with an MBA/JD in May of 1995. Before starting her own law practice she practiced at several large law firms and has over 20 years of experience as a lawyer and entrepreneur. She currently focuses her law practice on helping families and business owners with estate planning, tax and Medicaid planning.
Latest posts by Myrna Arroyo (see all)
- Estate Planning for Aging Parents: A Guide for Caregivers - December 5, 2023
- The Seedier Side of the Holiday Season - December 1, 2023
- Protecting Your Loved One’s Assets: A Caregiver’s Guide to Medicaid Planning - November 28, 2023
