Structuring Intentionally Defective Grantor Trusts Under Current Tax Law and the Impact of Potential Tax Law Changes
Recording of a 90-minute CLE/CPE video webinar with Q&A
This CLE/CPE course will provide estate planners with a comprehensive and practical guide to critical considerations and pitfalls to avoid in structuring intentionally defective grantor trusts (IDGTs). The panel will discuss navigating the tax treatment and fiduciary requirements for defective trusts upon the trustor's death, income allocation rules, post-mortem asset transfer strategies, and tax reporting requirements for defective grantor trusts.
- IDGT advantages and applications
- Regulatory and statutory requirements
- Structuring the trust
- Structuring asset transfer transactions to defective trusts
- Tax consequences for IDGTs
The panel will review these and other key issues:
- What are the statutory and regulatory requirements for structuring IDGTs?
- What are practical planning approaches for using IDGTs?
- What drafting strategies should be used in creating IDGTs?
- What tax considerations should estate planning counsel consider?
James I. Dougherty
Mr. Dougherty focuses his practice on probate, tax, trust, and estate issues. He assists executors and beneficiaries... | Read More
Mr. Dougherty focuses his practice on probate, tax, trust, and estate issues. He assists executors and beneficiaries through all aspects of the estate administration process including probate, contested estates, contentious trust litigation, tax, and post-mortem estate planning issues. His practice also includes working with affluent individuals in the development and implementation of sophisticated planning techniques to help them accumulate, preserve, and transfer their wealth. In addition to helping clients navigate through complex estate matters and identifying planning opportunities, he is a frequent author and speaker, nationally and internationally, on estate, trust, tax, and probate matters.
Maurice D. Holloway
Nelson Mullins Riley & Scarborough
Mr. Holloway has experience in the formation of corporations, partnerships, and limited liability companies;... | Read More
Mr. Holloway has experience in the formation of corporations, partnerships, and limited liability companies; structuring like–kind exchanges; estate and business succession planning; probate administration, trusts and estates litigation, and mergers and acquisitionsClose