Internal Revenue Code Provisions: Key sections 671-679 (Grantor Trust Rules), 2036-2038 (Estate Tax), 2501-2524 (Gift Tax), and 643 (Trust Income Tax) that govern the tax treatment and structure of grantor trusts
State Trust Laws: Including Uniform Trust Code (if adopted), state-specific trust statutes, property laws, and fiduciary duty laws that govern trust administration and enforcement
Federal Tax Regulations: Treasury Regulations, IRS Revenue Rulings and Procedures, and relevant tax court decisions that interpret and apply grantor trust rules
Estate Planning Laws: Generation-Skipping Transfer Tax rules, Rule Against Perpetuities (state-specific), and Prudent Investor Rules that affect trust structure and administration
Securities Laws: Securities Act of 1933, Securities Exchange Act of 1934, and Investment Company Act of 1940 - applicable if trust involves investment securities
Financial/Banking Regulations: Bank Secrecy Act, Anti-Money Laundering regulations, and PATRIOT Act requirements that affect trust operations and compliance
State-Specific Requirements: Registration requirements, recording requirements, and trustee qualification rules specific to the state where the trust is established
Federal Reporting Requirements: Form 1041 (Trust Income Tax Return), Form 709 (Gift Tax Return), and Schedule K-1 reporting obligations for trust administration
