if the grantor, the person putting the assets into the trust, has the power to revoke the trust the IRS says you have what is referred to as a grantor trust. in such a case a grantor tax return would be required if the trust used an EIN rather than the grantor's SSN. in essence, a grantor trust is like a disregarded entity. nothing has really changed for tax purposes.
so the answer to your questions is no
Will moving these investment assets into our trust account trigger a taxable event or change the cost basis for our securities?
And more broadly, are there any tax implications of moving assets from our individual accounts into trust accounts?
