There are two structures that immediately reduce the estate tax to zero. One is the lifetime transfer tax exclusion, and the other is a private annuity. Both structures can be problematic, for example: Which exclusion should you assume will be in effect at death? Will the parent spend all the money received in annuity payments? Can you meet the exhaustion test? There are other structures that will reduce the estate tax to zero in short order or that generate large discounts such as GRATs, SCIN-GRATs, Family Limited Partnerships, and Generational Split Dollar Life Insurance. Life insurance, of course, is the ultimate tool to pay the estate tax. Join Bruce and Owen as they help us think through how thoughtful, comprehensive planning may allow not only large reductions in the tax, and the means to pay the tax, but also the ability to not file an estate tax return, relieving the heirs of the anguish and expense of an estate tax audit.
(Purchase of this product will include a Video recording, an Audio recording, and a PDF copy of the presentation.)
Presented by Bruce Givner, Esq. and Owen Kaye, Esq.