non-grantor trust

GPTKB entity

Statements (13)
Predicate Object
gptkbp:instanceOf gptkb:train
gptkbp:can_distribute_income_to beneficiaries
gptkbp:files its own tax return
gptkbp:grantor_has no control over trust assets
https://www.w3.org/2000/01/rdf-schema#label non-grantor trust
gptkbp:subject gptkb:IRS_Form_1041
gptkbp:taxed_as separate tax entity
gptkbp:taxes_paid_by the trust itself
gptkbp:type irrevocable trust
gptkbp:usedFor estate planning
asset protection
gptkbp:bfsParent gptkb:grantor_trust_for_income_tax_purposes
gptkbp:bfsLayer 7