ENG2430. Grantor Trust Compliance: More Issues Than You Think (EST, TAX)

This session will cover various grantor trust compliance issues that practitioners should be aware of, including the question of whether you have to file, conversions from grantor to nongrantor, and partial grantor trusts. This program will also include a discussion of several specific issues related to grantor trust filing such as state withholding considerations, foreign reporting, and incorrect reporting of trust status.

Learning Objectives:

• Identify alternatives for filing a grantor trust tax return.
• Recognize situations when a partial grantor trust return is required.
• Recognize the impact of when grantor trust status terminates during life.