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Drafting See-Through Trusts After the SECURE Act

Choosing optimal distribution dates and amounts.

The Setting Every Community Up for Retirement Enhancement (SECURE) Act1 is expected to generate $15.749 billion in added federal income taxes from our clients over the next decade by accelerating the distribution of their retirement benefits on death.2 It does this by replacing the life expectancy payout of retirement plan death benefits with the 10-year rule for most beneficiaries.3 As clients face increased taxes, trustees acquire a new responsibility:

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