_sales-to-intentionally-defective-grantor-trusts-with-self-cancelling-installment-notes.jpg "Sales to Intentionally Defective Grantor Trusts with Self-Cancelling Installment Notes from life insurance company sells term Video Screenshot Preview")
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⏲ Duration: 30 min 96 sec
✓ Published: 09-Dec-2019
✓ Published: 09-Dec-2019
Description:
A note sale of an appreciating asset to an Intentionally Defective Grantor Trust (IDGT) is a planning strategy that can help to minimize estate and gift taxes. An individual sells their assets to the IDGT, commonly using an installment note at fair market interest.A potential disadvantage of an installment sale to a grantor trust is the potential inclusion in the seller’s estate of the unpaid obligation at its fair market value on the date of the seller’s death. One way to avoid this probl
A note sale of an appreciating asset to an Intentionally Defective Grantor Trust (IDGT) is a planning strategy that can help to minimize estate and gift taxes. An individual sells their assets to the IDGT, commonly using an installment note at fair market interest.A potential disadvantage of an installment sale to a grantor trust is the potential inclusion in the seller’s estate of the unpaid obligation at its fair market value on the date of the seller’s death. One way to avoid this probl
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