Question

what is the advantage of a sprinkling trust

what is the advantage of a sprinkling trust

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Answer #1

What is the advantage of a sprinkling trust

Ans:

1.The Grantor Make rules in Trusts to make distribution at the Trustee’s Discretion.

2.If the Grantor decides to make the payment according to the needs of the Beneficiaries, The Sprinkling Trust allows The Grantor to do so.

3.It is great advantage to the Minor Childs and Final Distribution can also be decided in the Trust Deed.

4.The Assets which are in the Sprinkling Trust is not subject to any Future Estate or Gift taxes except taxes on earned income which is generated from the assets, which results in reduction of Income Taxes

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