Thanks. This whole thing is so confusing. Then it looks like I am the grantor of the trust since I can distribute the money to myself entirely, even though the trust is the subtrust of my friend's revocable trust.
If I am the grantor of the trust, does that mean the trust is a grantor trust, right? If the trust receives the K1, do the trust pay the tax, or pass through the k1 to me and I pay when file personal income tax.
