GRATs

Chief Counsel Advice 202152018 (“the CCA”), released on December 30, 2021, has a critical impact on grantor retained annuity trusts (GRATs). The CCA addresses a common valuation challenge: what consideration should be given to a potential…

What are the most popular documents in InterActive Legal? It’s an interesting question, and one we consider frequently as we work to bring our subscribers the most useful drafting resources. We could take a survey and the results would…

Grantor Retained Annuity Trusts (“GRATs”) are a powerful planning tool especially in an environment with low interest rates and suppressed asset values.

Many have correctly pointed out that the current extremely low interest rates and depressed asset values – along with the high transfer tax exemption – set up, in some ways, an ideal environment for estate tax planning. This presentation…

In this world of constant uncertainty, only one thing is clear, planners need a roadmap in order to be successful in crafting strategies to preserve and protect their clients’ wealth.

With the estate, gift and GST exemption at nearly $11.5 million and scheduled to grow until 2026 when they will be cut in half, few advisers are focusing on wealth transfer tax planning for their clients.

Join us for a robust discussion on whether this transfer tax planning strategy is one to keep in mind for your clients as we await potential transfer tax planning developments from Congress and the new administration.

In this subscriber drafting webinar, we will look at three different strategies designed to shift wealth to trusts for younger generations: the Installment Sale Grantor Trust, the Grantor Retained Annuity Trust (“GRAT”) and the Split…

Originally published as LISI Estate Planning Newsletter #2353 (October 7, 2015) at http://www.leimbergservices.com.This article discusses a suit by the Estate of William Davidson against Deloitte Tax, LLP for damages allegedly caused in…

It seems like an extraordinary event. The gift tax exemption has grown from $30,000 in 1976 to $1 million through the end of 2010 and to $5 million for 2011 and 2012. The GST and estate tax exemptions also grew to $5 million for 2010, 2011…