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Get your taxes done using TurboTax
I agree with the advice to seek counsel from an attorney in your area.
However, I will add, since there appears to be some confusion, that irrevocable trusts can also be grantor trusts (partial or total). The test for whether a trust is a grantor trust or not is determined by control over the assets in the trust; irrevocable trusts can be grantor trusts (and, in fact , are as evidenced by the proliferation of IDGTs).
‎August 6, 2025
3:03 PM
3,612 Views