Intentionally Defective Grantor Trusts
10/28/2015 12:00 PM - 1:30 PM Website
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You will receive an intense practical analysis of intentionally defective grantor trusts - an often overlooked estate planning tool. Emphasis will be placed on the practical how-to-do-it instruction as opposed to a recitation of case law in the area. The speaker will concentrate on when to use this technique, how to design these trusts, and their place in comparison to other estate planning tools. You will become well versed in this important estate planning area.
Speaker: Robert E. Madden
Course Content:
Description of Intentionally Defective Grantor Trusts |
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Advantages of IDGTs |
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- Remove Appreciation From Estate
- Limited Gift Tax Cost
- Payment of Income Taxes of Trust – The Taxless Gift
- Security of Asset Retention – the Note to Grantor
- Low Interest Rate Hurdle
- No Income Tax on Sale
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Comparison to Other Estate Planning Techniques |
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- Grantor Retained Annuity Trusts
- Outright Gifts
- Charitable Lead Trusts
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The Seed Money Requirement |
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- Increased Lifetime Gift Tax Exclusion
- Use of Guarantees for Seed Money
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The Note for the Sale |
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- Use of Applicable Federal Rate (vs. Section 7520 Rate)
- Description of Typical Terms
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When to Use IDGTs; When Not to Use |
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Drafting Techniques for the Trust |
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