grantor trust

A trust in which the settlor retains control over the trust property or its income to such an extent that the settlor is taxed on the trust’s income.

• The types of controls that result in such tax treatment are set out in IRC (26 USCA)§§ 671–677. An example is the revocable trust.

---

词条贡献者

译者蒋毅，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与破产与资产重组相关的法律文件。