This is another in a series of blogs on the basics of estate planning. Last week, we looked at different types of trusts. This week, we’ll look at the income taxation of trusts. Trusts may be considered substantially owned by the grantor or another person. These trusts are commonly called “grantor” trusts. A trust is [ ] The post Basics of Estate Planning: Taxation of Trusts appeared first on American Academy of Estate Planning Attorneys.