BigDaddy
Ultimate Member
- Feb 7, 2014
- 2,235
To avoid probate, as well as for some other estate planning benefits, revocable, grantor trusts are commonly used. If putting one's house and brokerage account into a trust created a taxable event, it would be like dying twice.The question is, you are putting high dollar items into the trust. Is that "income" to the trust?