What Every Estate Planner Needs to Know About
Crummey Notices
Procedural Requirements for Crummy Notifications
The creation of withdrawal rights, often referred to as “Crummey” rights, in irrevocable trusts for purposes of using the gift tax annual exclusion is common. However, the standards for creating and delivering notifications of these withdrawal rights can be confusing at best, and this often leads to inaction or the creation of retroactive, self-serving documentation.
We have brought in the Crummey expert, Griffin H. Bridgers, J.D., LL.M. (Taxation), to put together this very timely presentation entitled “A Fresh Look at Crummey Notifications”.
In this 93-minute presentation, Griffin will cover the following:
- When Crummey notifications are required
- A history of how Crummey withdrawal rights have been analyzed
- An overview of current case law and IRS positions regarding notification requirements
- Guidelines for reviewing trusts and applicable law
- Drafting tips and best practices for structuring Crummey withdrawal rights
- And much more!
Your purchase includes an instantly downloadable video and audio recording and PDF handout materials. A PDF transcript is available as an add-on for an additional fee.
- Program Title: A Fresh Look at Crummey Notifications
- Speaker: Griffin H. Bridgers
- Duration: 93 minutes
Purchase
ABOUT THE SPEAKER
Griffin H. Bridgers
J.D., LL.M. (Taxation)
Griffin H. Bridgers, J.D., LL.M. is a part-time attorney with the law firm of Hutchins & Associates in Denver, Colorado, and is admitted to practice in Colorado and Tennessee. Griffin also serves as an outsourced estate planning strategist for independent advisory firms including Mosaic Advisors in Houston, Texas and Alpha Principle in Englewood, Colorado. Griffin is a frequent presenter on tax and estate planning topics for estate planning councils, bar associations, and CLE and CPE providers. Since 2020, Griffin has educated fellow attorneys and wealth transfer professionals through his YouTube channel and his newsletter, State of Estates, amassing over 350…
IMPORTANT NOTICE REGARDING CE CREDIT
The Ultimate Estate Planner, Inc. and the presenter are not registered Continuing Education Sponsors and this program is not pre-approved for continuing education credit for any state or regulatory agency.
However, please note that each program includes a Certificate of Completion and, depending on the license and the regulatory agency for which governs a participant’s CE credit, some professionals may be able to self-report his or her participation and receive credit. It is the responsibility of the participant to complete any process necessary to seek self-reported CE credit for his or her participation. By registering for a teleconference (or purchasing on On-Demand program), you understand that CE credit is not guaranteed or warranted by the presenter or The Ultimate Estate Planner, Inc.