Posts tagged as:

IDGT

Just Legalese for Tax Sheltering? Trust Terminology Part II

May 1, 2009
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On behalf of the nation’s community of lawyers, allow me to apologize for all the cryptic acronyms we’ve developed for various kinds of Trusts.
I recently provided you with a kind of “cheat sheet” that explained some basic Trust terminology. This entry is the second installment in that series.
The goal is for you to be able [...]

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Defective Grantor Trusts Get More Attractive

April 9, 2009
Economic Recession

The Wall Street Journal has published an excellent analysis of the effectiveness of Intentionally Defective Grantor Trusts during an economic recession. Unusual Trusts Gain Appeal in Unusual Time – WSJ.com.
While these trusts carry risks and are often scrutinized by the IRS, estate planning lawyers are seeing an increased interest in them this year. With proper [...]

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Rocky Economy is a Good Time to Reduce Your Estate Tax Burden

February 12, 2009

In the past several weeks, I’ve shared some powerful planning strategies with you in hopes of helping you protect and transfer wealth during these tough times.Over the last year, many families have suffered big hits on their stock and real estate portfolios. I can understand why they froze or drastically slowed down their financial dealings. [...]

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Defective Trusts – Passing Wealth to Heirs While Eliminating Taxes

December 2, 2008

(This is the third installment in a six-part series of powerful planning strategies that will help you take advantage of a down market and protect wealth.)
Here’s another great technique you can use to transfer wealth in an advantageous and unique way: gifting an asset’s appreciation while keeping its income.
An Intentionally Defective Grantor Trust (IDGT) is [...]

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