Select the best answer.

Which of the following does not accurately describe grantor trusts?

A$.$ Grantor trusts are treated similarly to single member LLC disregarded entities for income tax purposes.

B$.$ The items of income and deduction allocable to the grantor under these rules are reported as if earned$/$paid directly by the grantor on their Form $1040.$

C$.$ To be treated as a grantor trust, the grantor must withdraw assets from the trust.

D$.$ A grantor who has the right to appoint beneficiaries is holding a power that will trigger treatment of the trust as a grantor trust.