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Tag: IDGT


Business Law & Regulations, Finance

Intentionally Defective Grantor Trust: Income Tax Issues

October 18, 2021

Via: JD Supra

An intentionally defective grantor trust (“IDGT”) can be beneficial for transferring wealth and reducing estate taxes. With a transfer of assets to an IDGT, the settlor effectively removes those assets from the settlor’s estate while retaining the income tax liability […]