Irrevocable Trust

GPTKB entity

Properties (49)
Predicate Object
gptkbp:instanceOf gptkb:Trust
gptkbp:canBe Cash
Real estate
Investments
gptkbp:canLeadTo Probate
gptkbp:hasFacility Estate planning
Tax benefits
Asset protection
https://www.w3.org/2000/01/rdf-schema#label Irrevocable Trust
gptkbp:isConsidered Irrevocable gift
Part of grantor's estate
gptkbp:isCounteredBy Creditors
Beneficiaries
Grantor
gptkbp:isDistributedBy Assets after death
gptkbp:isEvaluatedBy Death of grantor
gptkbp:isManagedBy Trustee
gptkbp:isRegulatedBy False
gptkbp:isSubjectTo Federal estate tax
State estate tax
Trust laws
Trustee's_discretion
Trustee's_fiduciary_duty
gptkbp:isUsedBy Assets during lifetime
gptkbp:isUsedFor False
Stocks and bonds
Life insurance policies
Charitable giving
Retirement accounts
Medicaid planning
Special needs planning
gptkbp:isUsedIn Income tax
Estate tax
Gift tax
gptkbp:isUtilizedFor Tax planning
Trust agreement
Wealth transfer
Asset protection strategies
gptkbp:isVisitedBy Beneficiary
Grantor
gptkbp:mayHave Tax deductions
Income for beneficiaries
gptkbp:requires Legal documentation
gptkbp:translatedInto Separate entity
gptkbp:wasEstablishedIn Charities
Minors
Family members
Spouses
gptkbp:wasFoundedIn Grantor's_lifetime