Jeanne Newlon spoke with Howard Zaritsky and Farhad Aghdami on “Modern Planning with Grantor Trusts” at the 2024 ACTEC Summer Meeting in Toronto on June 20, 2024. This session examined what triggers grantor trust status, transactions between the grantor and a grantor trust, reimbursement of income taxes incurred by the grantor, toggling grantor trust status, decanting to/from grantor and non-grantor trusts, and the income tax basis of irrevocable trust property upon termination of grantor trust status. In addition, the session dealt with the consequences of divorce after repeal of § 682; grantor trust status under § 678 in the context of Crummey withdrawal rights, BDITs, and BDOTs; foreign grantor trust requirements; and grantor trust reporting requirements.