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Grantor trust

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Grantor trust
A mechanism of issuing MBS wherein the mortgages' collateral is deposited with a trustee under a custodial or trust agreement.
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This is referred to as a defective trust, and causes the trust to be treated as a grantor trust.
Twist to a QSST presents a trap by Schwartz, Sol / The Tax Adviser
This method of estate planning can even be coupled with the use of a Defective Grantor Trust or often referred to as an Intentionally Defective Grantor Trust (IDGT).
Family Limited Partnerships, an estate planning technique by Wieder, Marc / Real Estate Weekly
Therefore, a "proper" defective grantor trust eliminates this gift tax on those income tax payments because the grantor is obligated to pay that income tax (without the right to be reimbursed).
Defective grantor trusts: new IRS ruling enhances estate planning by Josephs, Stuart R. / California CPA
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