Exemption and Marital Deduction Planning
In order to properly understand and comprehend a client’s estate plans, professional advisors need to review or create a balance sheet demonstrating the titling, composition by asset type and value of the client’s gross estate along with copies of their current estate planning documents. These documents should inform the advisor as to how the client’s…
Read MoreState Estate, Inheritance and Gift Taxation Part 1
State-Estate-Inheritance-and-Gift-Taxation-By-Jeremy-Green Part 1 State Estate, Inheritance and Gift taxation – Provides an overview of the various state exemptions, tax rates, how state estate taxes are calculated and taxation of gifts in contemplation of death. Hope this helps… Jeremy P. Green CFP, CTFA, CLU, CEBS, MSFS, AEP, EA Wealth Strategist & Expert Witness Consultant Wealth Strategist…
Read MoreReimbursement of Income Taxes to Grantors of Intentionally Defective Grantor Trust:
The benefit of the intentionally defective grantor trust is that it enables several estate freezing transactions like an installment sale to occur without causing income taxation on assets like closely held interests, which might otherwise negate planning like this because the resulting income tax would be detrimental Another potential advantage is that it treats the grantor as the…
Read MoreThe Purpose of this Blog
Hello. Thank you for visiting my blog. I created this blog to support my consulting practice, Wealth Strategist Designs LLC. The entity was created to provide consulting services in the areas of advanced wealth strategy, life insurance case design, presentation and expert witness consulting serving three markets: 1) Law firms- financial design and modeling implications of…
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