When you’re buying a piece of property, it’s important to understand the various terms you might encounter. “Grantor” and “grantee” are legal terms that respectively apply to the seller and buyer. In ...
Both grantor and grantee can come with a variety of meanings, depending on the context. When it comes to the world of real estate transactions, the terms can apply to a few different situations.
The distinction between a grantor and a grantee in real estate lies in the transfer of property rights. The grantor is the party who transfers the property, while the grantee is the recipient of these ...
Trusts are described in multiple ways, including: living or testamentary, revocable or irrevocable and grantor or non-grantor. These terms are not always mutually exclusive. A trust can be living, ...
When estate planning, it is critical to know who is the grantor of a trust, as it can significantly impact financial planning ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Trusts are valuable tools for estate planning. They allow ...
Many articles have been written on planning with both grantor and non-grantor trusts for gift, estate and income tax planning ...