Split Interest Trust Archives

Knott Learning

How to File IRS Form 5227 for Net Income Charitable Remainder Unitrust (NICRUT)

The IRS Form 5227 is filed by split-interest trusts. This example covers a Form 5227 filing for a NICRUT for the 2022 tax year.

Jason Knott2024-07-03T16:43:20+00:00Tags: Charitable Trust, Form 5227, NICRUT, Split Interest Trust|

Taxation of Grantor vs. Non-Grantor Trusts

The U.S. federal tax treatment for a trust will largely depend upon whether the trust is a grantor or non-grantor trust arrangement. This article and video walkthrough discuss some of the basic differences.

Jason Knott2024-10-04T11:05:06+00:00Tags: Asset Protection, Charitable Trust, Grantor Trust, Irrevocable Trust, Non-Grantor Trust, Split Interest Trust, Trusts|

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