Zeroed Out GRATs – A Highly Effective Wealth Transfer Strategy
One of the most widely-utilized tools by high net worth individuals to avoid U.S. estate and gift taxes, namely, “zeroed out GRATs,” remains available. This is due to the failure of Congress to adopt pending proposals to shut it down. “GRAT” stands for “grantor retained annuity trust.” GRATs have a long history of use to…
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