Description

Presenter: Jonathan Blattmachr

The Magic of Grantor Trust. Grantor trusts are the backbone of many estate planning strategies from sales to trusts that are out of the owner's gross estate without causing gain recognition to building wealth for others without income tax. This presentation will go over the fundamentals and fine point of grantor trusts and how to make them work best for clients.

Flexible Beneficiary Trusts. A trust is the most powerful weapon a planner can hand clients. A grantor trusts typically is the number 1 choice. But once the grantor dies, the grantor trust status ends. In addition, there are several reasons not to use a grantor trust. The price paid for using a trust (which is not a grantor trust) is the high and immediately income tax bracket that the trust will face. This presentation will explain the ways trusts can be used while avoiding these high income tax brackets.

Self-Settled Trusts. Planners often face a dilemma: Getting assets out of a client's estate but not obtaining the income tax free step-up in basis upon the death of the former owners. This presentation will explain how to accomplish both either by attacking Rev Rul 2023-2 of through other means.