It's well known that a traditional IRA is a great way to save. Assets in an IRA can grow tax-deferred for decades. But tricky planning issues arise when a married couple has combined assets in excess of the estate tax...
You might think of the gift tax as the lesser of two evils for transferring wealth, with the other evil being the estate tax. Certainly, it can be cheaper to pay gift tax rather than estate tax, because of the gift...
As the Internal Revenue Code's Section 7520 rate dropped this year to near-record lows (down to 3.2 percent in May 2008), some estate planners began recommending that clients create long-term grantor retained annuity...
A combination of tax-free gifts to grantor trusts and grantor-retained annuity trusts (GRATs) can be a powerful way to transfer wealth. Sophisticated quantitative modeling and capital markets forecasting demonstrate...
