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Investors & landlords
In reply to your previous post may I ask and can you please clarify the following;
As mentioned previously the grantor who setup the irrevocable trust is is a parent and the trustee and beneficiary to the trust is is the parents child.
1) With the above said do you mean this trust is considered a grantor trust?
2) If so, to confirm you are saying the trustee and beneficiary (again same person) is allowed to and can make money cash gifts to the trust?
THANK YOU
‎April 26, 2024
3:11 PM