Loans from Trusts

In their commentary, Martin M. Shenkman, Jonathan G. Blattmachr and Joy Matak provide their analysis of the Biden Administration’s Fiscal Year 2024 Revenue Proposals.

When and why might an irrevocable trust make a loan to a beneficiary or the grantor who created the trust? Why would a trustee want to make loans from a trust to a beneficiary? What are the financial and tax consequences? What are the…