My question involves estate proceedings in the state of: TX
From my understanding when a spouse is the only beneficiary of a non-grantor trust that trust is a grantor trust. I've been told there is something the spouse can sign/do after a year that can make it a true non-grantor trust though. Anything come to mind?
From my understanding when a spouse is the only beneficiary of a non-grantor trust that trust is a grantor trust. I've been told there is something the spouse can sign/do after a year that can make it a true non-grantor trust though. Anything come to mind?
Trusts: Non-Grantor Trust and Spouse is Net Income Beneficiary
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