Tax-Related Estate Planning

by Layne T. Rushforth

Tax-Related Planning Memos These memos cover a number of topics related to saving federal transfer taxes.
= Memo is in Adobe Acrobat's portable document format (PDF).
Short Title	Description
Possible 2021 Tax Changes	A discussion of some possible changes that might be triggered if the 2020 election results in the control of the House, Senate, and Presidency by Democrats.
2020 Year-End Estate Planning	A discussion of some estate-planning strategies that might be considered before the end of 2020.
Introduction to Transfer-Tax Planning	Overview of federal transfer taxes including the gift tax, the generation-skipping transfer tax, and the estate tax, as well as applicable exclusions and deductions.
Estate-Reduction Techniques	Estate-reducing gifts and strategies.
Estate Planning Using Business Entities	Utilitizing business entities to facilitate estate-planning objectives.
Irrevocable Trusts	Using irrevocable trusts to reduce transfer taxes.
Grantor-Retained Annuity Trust GRAT Overview	Making a deferred “discounted” gift by retaining the right to annuity payments for a term of years.
Grantor-Retained Annuity Trusts Trust Administration Tips	Instructions for the Settlor and the Trustee of a GRAT as to the proper administration of a GRAT.
Charitable Giving	Gifts and bequests to qualified charities and trusts for charities.
Charitable Lead Trusts	A trust that provides for distributions to one or more charities for a specified term, with the balance passing to your desired individual beneficiaries. The gift or estate tax is applied on the actuarily calculated present value of the remainder interest rather than on the full value of the property. The taxable value can be near zero.
The NING	The Nevada Non-Grantor, Incomplete Gift Trust. This trust is not designed to save federal transfer taxes, but is used by persons living in a state with high personal income tax rates to eliminate or reduce the that tax. A NING is also a self-settled spendthrift trust (asset-protection trust).
Estate-Freezing Techniques	Techniques to “freeze” the value of one’s estate by shifting growth and appreciation.

Disclaimer. You must not rely on the information provided on our web sites in making your own planning decisions. Please review the general disclaimer at https://rushforthfirm.info/caveat.html.