Course 31: What Is a Trust?

Revocable: grantor pays income tax, assets in estate, no creditor shield
Irrevocable: trust pays income tax (or distributes), assets outside estate, strong creditor shield
Hybrid: intentionally defective grantor trusts keep grantor income tax while removing estate inclusion

COURSE 31 · TRUSTS

Slide 1/0 · 0pts

Aurova is an educational publisher — not a securities exchange, broker-dealer, investment adviser, or money transmitter. We make no recommendations and hold no custody. Educational content only — not financial, legal, or tax advice. Nothing here is an offer to buy or sell any security. Past performance does not guarantee future results.

LIVE

Myra · Teacher