IRS Okays Turning Total Return on Its Head

Many estate-planning attorneys have used total return trusts to cope with falling yields in an effort to balance the income beneficiary's need for income against the remaindermen's need for growth. In a low interest rate environment, trustees have had to confront the reality of yielding 3 percent or less for a trust's income beneficiary when balancing trust portfolios to account for proper growth

Many estate-planning attorneys have used total return trusts to cope with falling yields in an effort to balance the income beneficiary's need for income against the remaindermen's need for growth. In a low interest rate environment, trustees have had to confront the reality of yielding 3 percent or less for a trust's income beneficiary when balancing trust portfolios to account for proper growth to benefit the remaindermen beneficiaries.

In response to these concerns, m

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish