Grantor retained annuity trusts (GRATs) can give your clients a sense of control. Making a spousal life- time access trust (SLAT) beneficiary ofa GRAT can give your clients the best of both worlds锟絩emoving an a...
Original language in the BBBA also targeted gifts to trusts, like irrevocable life insurance trusts, spousal lifetime access trusts, and grantor retained annuity trusts (ILITs,SLATs, andGRATs). This is no longer true in the current draft — although nothing is guaranteed. The BBBA would have ...
Many donors wish to gift assets, but are afraid that they might need the asset in future years.Freezingthe size of their estate rather than reducing it, is the goal and a Grantor Retained Annuity Trust (GRAT) is often the right gifting technique. A GRAT is a Trust to which a donor tra...
When a charitable remainder annuity trust (CRAT) is established, your gift of cash or property is made to an irrevocable trust. The donor (or another non-charitable beneficiary) retains an annuity (fixed payments of principal and interest) from the trust for a specified number of years (up t...
According to Laila Pence, president of Pence Wealth Management, donors can simply deed the property ownership rights directly to charity or they can put the asset in a charitable remainder unitrust or charitable remainder annuity trust.Dubes