GRATs and GRUTs: Evaluating Estate Planning Options
Latest Strategies to Maximize Returns and Minimize Tax in Trust Formation
Recording of a 110-minute CPE/CLE webinar with Q&A
This seminar will provide accounting firm advisors to high-net-worth clients with a current framework to evaluate tax compliance requirements in forming GRATs and GRUTs, and offer strategies for tax and investment planning using those trust structures.
- Definition of GRAT and GRUT
- GRAT: Grantor retained annuity trust
- GRUT: Grantor retained unitrust
- Basic structure and tax benefits for both GRATs and GRUTs
- Forming GRATs and GRUTs
- Irrevocable nature
- Determining qualified interest
- Amount to be paid out from assets
- IRC regulations
- Tax consequences for GRATs and GRUTs
- Gift tax implications
- Estate tax implications
- Generation-skipping transfer tax implications
- Income tax implications
- IRC regulations
- Strategies for maximizing benefit
- Impact of low interest rates
- Making the most of GRATs and GRUTs in the current economy
The panel will provide accounting advisors with solutions for the most complex issues that arise during trust planning and formation for high net worth clients, including:
Navigating the IRC regulations governing the formation of GRATs and GRUTs, and their tax consequences.
Parsing the differences between Grantor Retained Annuity Trusts (GRATs) and Grantor Retained Unitrusts (GRUTs), and determining when each structure is best suited for your client.
Improving compliance for GRATs and GRUTs, for estate tax, gift tax, and income tax.
Devising strategies to guarantee appreciation of assets parked in GRATs and GRUTs, from real estate to stocks and bonds.
Pillsbury Winthrop Shaw Pittman
He is an estate planning and trust specialist and frequent speaker on associated topics to ABA and state bar groups. He... | Read More
He is an estate planning and trust specialist and frequent speaker on associated topics to ABA and state bar groups. He has written on estate and IRA planning topics for numerous professional journals.Close
Principal and Fiduciary Counsel, and Regional Manager of Legacy Planning
He speaks and writes frequently on taxation, estate planning, trust law and wealth management topics. Before coming to... | Read More
He speaks and writes frequently on taxation, estate planning, trust law and wealth management topics. Before coming to Bessemer Trust, he was in private law practice in Pennsylvania and Florida, most recently as a trust and estate partner with Duane Morris. He also spent several years at PricewaterhouseCoopers and in private business.Close