The GRAT on Steroids
Imagine an estate tax planning technique that involves nearly zero gift tax risk, but has an incredible upside. That’s the Grantor Retained Annuity Trust (GRAT).
Congress has already proposed a 10-Year Minimum Term for Grantor Retained Annuity Trusts (GRATs). This has created an urgency to set up GRATs sooner rather than later in case this Congressional proposal becomes law and makes GRATs less desirable for older clients.
However, the perceived problem with the GRAT is it can’t be designed to take advantage of generation-skipping. Now, there’s finally a way to do it.
That’s the GRAT remainder sale to a Dynasty Trust. If you meet with high-net-worth clients and prospects, you’ll definitely want to know more about this - - whether you recommend or draft GRATs, or review those proposed or drafted by others.
Join us and nationally renowned estate planning and asset protection attorney Steve Oshins for a plain-English, straightforward presentation entitled, “The Dynasty GRAT: Using a GRAT Remainder Sale to Create a Generation-Skipping GRAT”.
On this 90-minute program, you’ll learn how to…
- Create the functional equivalent of a “Dynasty” GRAT
- Break down the two legs of the transaction in an easily understandable manner
- Design the GRAT remainder sale to minimize gift tax risk to about zero
- Explain to clients why this is an attractive low-risk / high-reward transaction
- Recognize the right client for the GRAT remainder sale technique