How Do You Save Income Taxes
With A Non-Grantor Trust?
There must be thousands of existing non-grantor trusts. Many of them are Credit Shelter Trusts. Many of them are Irrevocable Life Insurance Trusts after the settlor has died. You’ve probably heard that trusts tax income at the highest federal income tax brackets.
But there are tricks that you need to know to be able to help your clients save both federal income tax and state income tax. In fact, a non-grantor trust can be used to save substantial taxes for a family, but only if you know how to maneuver the trust to do so.
Join us and nationally renowned estate planning and asset protection attorney, Steve Oshins, and nationally renowned CPA, Robert Keebler, for a very timely presentation entitled, “Saving Federal and State Income Taxes using a Non-Grantor Trust”.
Steve and Bob will explain the issues with non-grantor trusts and how to adjust the trusts and properly plan to save your clients significant taxes each year. This presentation will be valuable for attorneys, CPAs, life insurance advisors, investment advisors and trust officers.
On this teleconference, you will learn:
- How a Non-Grantor Trust is taxed
- Different strategies for reducing the federal income tax
- Techniques that can be used to avoid unnecessary state income taxes
- How to shift income into lower tax brackets
- Decanting to distribute capital gains as DNI
- Decanting to change Situs
- Distribution of capital gain property to shift income
- And much, much more!