The Code defines a grantor trust as which of the following?

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A grantor trust is a type of trust in which the grantor retains control over the trust assets, such as the ability to revoke or amend the trust. This means that the grantor is still considered the owner of the trust for tax purposes, and any income or capital gains generated by the trust are taxed to the grantor. A grantor trust is not required to file Form 1041-G or make annual payments to designated charities, and there is no requirement for a member of the grantor's family to be the sole trustee.

The Code Defines a Grantor Trust as Which of the Following