When we recommend ways for our clients to reduce their estates, we're mindful that clients generally want a comfortable cushion for retirement. But, providing this comfortable cushion is often inconsistent with reducing their estates enough to avoid estate tax. Consider solving this problem by using a beneficiary grantor trust (BT).
A BT is an irrevocable trust that a third party creates for your client. Your client is the beneficiary, can be a trustee and has the broadest possible no