December 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs -
Certain federal interest rates increased slightly for December of 2020, while...more
12/7/2020
/ AFR ,
Estate Planning ,
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IRS ,
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Split-Interest Charitable Trusts ,
Tax Cuts and Jobs Act ,
Tax Policy ,
Wealth Management
November 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs -
Certain federal interest rates increased slightly for November of 2020, while...more
11/2/2020
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Wealth Management
Important federal interest rates continue to hold relatively steady. The October Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 0.4%, which is unchanged from a month ago....more
September Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intrafamily Loans and Split Interest Charitable Trusts -
The September Section 7520 rate for use with estate planning techniques such as CRTs, CLTs,...more
9/3/2020
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Uniform Trust Code ,
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July 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intrafamily Loans and Split-Interest Charitable Trusts -
The July Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs...more
7/2/2020
/ Charitable Trusts ,
Coronavirus/COVID-19 ,
Estate Planning ,
Estate Tax ,
Executive Orders ,
Grantor Retained Annuity Trusts (GRATs) ,
Grantor Trusts ,
Interest Rates ,
Intra-Family Loans ,
IRS ,
Personal Property ,
Probate Code ,
Tax Court ,
Wealth Management
May 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs -
Important federal interest rates continued to drop significantly for May of 2020. The...more
5/4/2020
/ Estate Tax ,
Generation-Skipping Transfer ,
Grantor Retained Annuity Trusts (GRATs) ,
Intentionally Defective Grantor Trusts ,
Intra-Family Loans ,
Irrevocable Trusts ,
Partnership Agreements ,
Private Letter Rulings ,
Revocable Trusts ,
Self-Canceling Installment Note ,
Wealth Management
As a result of the Federal Reserve Bank's recent stimulus and interest rate decreases in response to the coronavirus, intra-family loans can be used to transfer wealth to future generations with no gift tax consequences as...more
3/19/2020
/ Coronavirus/COVID-19 ,
Estate Planning ,
Exclusions ,
Exemptions ,
Federal Reserve ,
Financial Stimulus ,
Gift Tax ,
Gift-Tax Return ,
Interest Rates ,
Internal Revenue Code (IRC) ,
Intra-Family Loans ,
Tax Exemptions ,
Wealth Management
March 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts -
Important federal interest rates continue to hold relatively steady. The March Section 7520...more
3/10/2020
/ AFR ,
Beneficiaries ,
Charitable Deductions ,
Charitable Trusts ,
Diversity Jurisdiction ,
Estate Planning ,
Estate Tax ,
Fiduciary Duty ,
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Grantor Trusts ,
Interest Rates ,
Intra-Family Loans ,
IRS ,
Surrogate's Court ,
Tax Court ,
Trust Distributions ,
Wealth Management
February 2020 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts -
The February Section 7520 rate for use with estate planning techniques such as CRTs,...more
2/3/2020
/ AFR ,
Charitable Trusts ,
Estate Planning ,
Grantor Retained Annuity Trusts (GRATs) ,
Inheritance ,
Interest Rates ,
Intra-Family Loans ,
Probate Code ,
Retirement Plan ,
SECURE Act ,
Surviving Spouse ,
Trust Distributions ,
Wealth Management
December 2019 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts -
The December Section 7520 rate for use with estate planning techniques such as CRTs,...more
12/3/2019
/ Child Support ,
Estate Planning ,
Generation-Skipping Transfer ,
Gift Tax ,
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Grantor Trusts ,
Interest Rates ,
Internal Revenue Code (IRC) ,
Intra-Family Loans ,
IRS ,
Life Insurance ,
SD Supreme Court ,
Tax Court ,
Wealth Management
November 2019 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split-Interest Charitable Trusts -
The November Section 7520 rate for use with estate planning techniques such as CRTs,...more
11/4/2019
/ Divorce ,
Estate Planning ,
Fair Market Value ,
Grantor Retained Annuity Trusts (GRATs) ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
Intra-Family Loans ,
Marital Assets ,
Mergers ,
Prenuptial Agreements ,
Publicly-Traded Companies ,
Tax Court ,
Wealth Management
August 2019 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs -
Important federal interest rates continued to drop for August 2019. The August...more
8/12/2019
/ AFR ,
Alimony ,
Annuities ,
Bankruptcy Court ,
Beneficiaries ,
Divorce ,
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Estate Tax ,
Federal Trade Commission (FTC) ,
Grantor Retained Annuity Trusts (GRATs) ,
Interest Rates ,
Intra-Family Loans ,
IRS ,
Lump Sum Payments ,
Trustees ,
Wealth Management
April Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts -
The April § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and...more
4/12/2019
/ Arms Length Transactions ,
Estate Planning ,
Governor Cuomo ,
Grantor Retained Annuity Trusts (GRATs) ,
Grantor Trusts ,
Interest Rates ,
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IRS ,
Probate ,
State Budgets ,
Trusts ,
Wealth Management ,
Wills
October Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts -
The October § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and...more
10/9/2018
/ Anti-Abuse Rule ,
Charitable Trusts ,
Estate Planning ,
Estate Tax ,
Grantor Retained Annuity Trusts (GRATs) ,
Grantor Trusts ,
Interest Rates ,
Intra-Family Loans ,
IRS ,
Life Insurance ,
Surviving Spouse ,
Tax Cuts and Jobs Act ,
Trust Distributions ,
Wealth Management
July Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-family Loans and Split Interest Charitable Trusts (Rev. Rul. 2018-16) -
The July § 7520 rate for use with estate planning techniques such as CRTs,...more
7/6/2018
/ Alimony ,
Estate Planning ,
Income Taxes ,
Individual Retirement Account (IRA) ,
Intentionally Defective Grantor Trusts ,
Internal Revenue Code (IRC) ,
Intra-Family Loans ,
Marriage ,
Self-Canceling Installment Note ,
Surviving Spouse ,
Taxable Distributions ,
Trust Protector Actions ,
Trustees
June Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-family Loans and Split Interest Charitable Trusts -
The June § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs...more
6/4/2018
/ Beneficiaries ,
Estate Tax ,
Grandfathered Status ,
Grantor Retained Annuity Trusts (GRATs) ,
Grantor Trusts ,
GST ,
Interest Rates ,
Intra-Family Loans ,
IRS ,
Safe Harbors ,
Trusts ,
Wealth Management
September Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts - The September § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and...more
9/6/2017
/ Charitable Donations ,
Estate Tax ,
Executive Orders ,
Generation-Skipping Transfer ,
Gift Tax ,
Grantor Retained Annuity Trusts (GRATs) ,
GST ,
Intentionally Defective Grantor Trusts ,
Interest Rates ,
Intra-Family Loans ,
IRS ,
Split-Interest Charitable Trusts ,
Statute of Limitations ,
Tax Exemptions ,
Tax Liens ,
Trump Administration ,
U.S. Treasury ,
Wealth Management
August Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts -
The August § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and...more
8/2/2017
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Electronic Records ,
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Grantor Trusts ,
Interest Rates ,
Intra-Family Loans ,
IRS ,
Residency Status ,
Split-Interest Charitable Trusts ,
State Taxes ,
Sunset Provisions ,
Wealth Management ,
Wills
June Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-family Loans and Split Interest Charitable Trusts -
The June § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs...more
6/7/2017
/ AFR ,
Attorney-Client Privilege ,
Charitable Trusts ,
Estate Planning ,
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Gift Tax ,
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Grantor Trusts ,
Interest Rates ,
Intra-Family Loans ,
IRS ,
Life Insurance ,
Trust Distributions ,
Wealth Management
May Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts -
The May § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs...more
5/10/2017
/ Appraisal ,
Conflicts of Interest ,
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Divorce ,
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Federal v State Law Application ,
Fine Art ,
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Gift Tax ,
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Income Taxes ,
Interest Rates ,
Intra-Family Loans ,
IRS ,
Split-Interest Charitable Trusts ,
Tax Appeals ,
Tax Refunds ,
Testamentary Transfers ,
Transfer Taxes ,
Trust Funds ,
Valuation ,
WA Supreme Court ,
Wealth Management
December Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts -
The December § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs...more
12/14/2016
/ Beneficiaries ,
Death Tax ,
Deceased Spousal Unused Exclusion ,
Decedent Protection ,
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Gifts ,
Grantor Retained Annuity Trusts (GRATs) ,
High Net-Worth ,
Interest Rates ,
Intra-Family Loans ,
Irrevocable Trusts ,
IRS ,
Limited Liability Partnerships ,
Passwords ,
Portability ,
QTIP Trusts ,
Revocable Trusts ,
Sale of Assets ,
Social Media ,
Surviving Spouse ,
Tax Court ,
Tax Liability ,
UFADAA ,
Wealth Management ,
Wills
2017 Estate, Gift and GST Tax Update: What This Means for Your Current Will, Revocable Trust and Estate Plan -
As we previously reported, the American Taxpayer Relief Act of 2012 (the "Act") made the following permanent:...more
12/6/2016
/ Business Valuations ,
Estate Planning ,
Estate Tax ,
Family Businesses ,
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Gift Tax ,
Individual Retirement Account (IRA) ,
Intra-Family Loans ,
IRC Section 2704 ,
Irrevocable Trusts ,
IRS ,
Portability ,
Property Tax ,
Required Minimum Distributions ,
Tax Exemptions ,
Wills
October Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts -
The October Section 7520 rate for use with estate planning techniques such as CRTs, CLTs,...more
10/1/2016
/ Attorney-Client Privilege ,
Estate Planning ,
Executors ,
Generation-Skipping Transfer ,
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Interest Rates ,
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IRA Rollovers ,
Irrevocable Trusts ,
IRS ,
Marital Status ,
Modification ,
Personal Liability ,
Power of Appointment ,
Private Letter Rulings ,
Reformation ,
Revocable Trusts ,
Same-Sex Marriage ,
Self-Certification ,
Split-Interest Charitable Trusts ,
Tax Debt ,
Trusts ,
Wealth Management
September Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts -
The September § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs...more
8/31/2016
/ Beneficiary Designations ,
Civil Unions ,
Clear and Convincing Evidence ,
Community Property ,
Constitutional Challenges ,
Estate Planning ,
Estate Tax ,
Federal v State Law Application ,
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Intent ,
Intra-Family Loans ,
IRA Rollovers ,
IRS ,
Revocable Trusts ,
Same-Sex Marriage ,
Settlors ,
Step-Up Basis ,
Surviving Spouse ,
Tax Deductions ,
Trusts ,
Wills
Low Interest Rates Yield Wealth Transfer Opportunities -
Low interest rates can create wealth transfer opportunities. For various wealth transfer techniques, the IRS assumes that a certain minimum interest rate is in...more