Description
Careful drafting is key to unlocking the transfer tax benefits offered by Grantor Retained Annuity Trusts (GRATs). Balancing the demands of client control over asset investments and distributions alongside compliance and optimal trust performance can be particularly tricky. Understanding the economics is also essential for ensuring a GRAT accomplishes the anticipated financial goals.
Be empowered to expertly guide your estate planning clients by joining us for this insightful webcast. It will explore strategic planning techniques aimed at maximizing GRAT benefits while minimizing associated risks. You’ll discover the advantages of adaptable drafting strategies that accommodate evolving family and tax planning dynamics, ultimately optimizing the effectiveness of a GRAT.
In this webcast, a faculty of deeply experienced practitioners discuss the important qualification elements of a GRAT and review common techniques used to enhance GRAT outcomes, including how to:
- Compare the financial consequences of using a 10-year GRAT versus the use of shorter-term rolling GRATs and adding the asset-splitting feature
- Use GRATs in combination with a Dynasty Trust
- Analyze the financial effects on the client of employing a GRAT strategy
- Utilize GRATs for a client in poor health
- Assess the impact on GST planning
- Consider the use of GRATs with an installment sale to a grantor trust
Estate planners and other related professionals will benefit from this update on effective use of GRATs.