Intentionally defective grantor trusts survive the threat of extinction
Intentionally defective grantor trusts survive the threat of extinction
Article provided by Louis Pacella Law Offices
Visit us at http://www.athomeplanning.com/
Intentionally defective grantor trusts have long been a staple of estate planning. They help reduce the size of a person's estate for estate tax purposes, and they also keep the amount of taxes that the beneficiaries of the trust must pay low. President Obama's 2012 budget proposal recommended changes to the law that would have eliminated the financial benefits of these trusts, causing concern around the ...