Internal Revenue Code Sections 671-679: Core federal tax provisions that define and govern grantor trust rules, determining when the grantor is treated as the owner of trust assets for income tax purposes
IRC Section 2036: Federal tax provision governing transfers with retained life estate, crucial for determining estate tax treatment of grantor trust assets
IRC Section 2038: Federal tax provision concerning revocable transfers, affecting estate tax treatment of grantor trust assets
IRC Section 2041: Federal tax provision regarding powers of appointment, important for determining estate tax treatment and control over trust assets
Treasury Regulations ยง1.671-1 through ยง1.679-7: Detailed federal regulations implementing and interpreting the grantor trust rules of the Internal Revenue Code
Uniform Trust Code: Model state law providing comprehensive framework for trust administration, adopted by many states with variations
State Trust Laws: State-specific statutes governing trust creation, administration, and enforcement, including property laws and trust-specific regulations
Federal Gift Tax Provisions: Tax rules governing transfers to trusts and gift tax implications of trust arrangements
Federal Estate Tax Rules: Tax provisions determining how trust assets are treated for estate tax purposes upon grantor's death
Generation-Skipping Transfer Tax Rules: Special tax provisions applying to transfers to grandchildren or more remote generations through trusts
State Fiduciary Laws: Legal requirements governing trustee conduct, including duties of loyalty, care, and proper administration of trust assets
IRS Form 1041 Requirements: Federal tax reporting requirements for trusts, including filing obligations and income reporting rules
State Tax Reporting Requirements: State-specific tax reporting obligations for trusts, varying by jurisdiction
Securities Regulations: Federal and state rules governing trust investments and securities holdings, if applicable to the trust's investment activities
