SHERMAN OAKS, Calif.--(BUSINESS WIRE)--Woodbridge Liquidation Trust (the “Trust”) announced today that it anticipates that its 2019 trust grantor letters—documents required by trust beneficiaries to ...

If the assets of an irrevocable grantor trust are not included in grantor’s gross estate upon his or her death, those assets do not get a Sec. 1014 basis step-up, the IRS clarified Wednesday in Rev.

Decanting is an invaluable tool for estate planners, as it can aid in modernizing a trust that no longer conforms to the intended wishes of the grantor, or contains stale trust provisions which would ...

Estate tax planning experts and many affluent taxpayers are aware of the multiple advantages of what are known in the technical jargon as "Intentionally Defective Grantor Trusts" (IDGTs), which are ...

Grantor retained annuity trusts (GRATs) ­represent an opportunity for a client to transfer appreciating assets to the next generation with little to no gift or estate tax consequences. Wealthy ...

How does this create tax and estate planning opportunities? The sale of the appreciating asset to the IDGT is not taxed to the grantor for income tax purposes. This is because, for income tax purposes ...