If you borrow million using the highly appreciated stock as collateral, you can gift the M to a grantor trust.You will grow the value of those assets outside your estate, you’ll pay the income tax on trust income reducing your estate, and your estate will be reduced by interest charges. What if the securities the trust invests in with the fund borrowed plummet in value?
■ Basis: Estate planning has taken on a new focus on the search for basis, i.e., maximizing the assets included in your estate (or others you select) so that the tax basis on which gain or loss is increased on death to the fair value of those assets (i.e., capital gains are eliminated).
While there is lots of talk about this how much cost and complexity are you willing to tolerate to accomplish this?
Every time President Isaias Afwerki has an interview with his captive media (Eri-TV), a very large segment of the population take the very sensible decision of ignoring it, leaving a few of us obsessive types to watch it and divine meaning from it.
Then the few of us who watched it disagree on what we watched, leaving the very large segment who ignored it to shake their head at us.
What techniques do you have the comfort to agree to?
Have you reviewed with your professional advisers all the myriad of issues that might arise using these techniques?
Our Word of the Year choice serves as a symbol of each year’s most meaningful events and lookup trends.
It is an opportunity for us to reflect on the language and ideas that represented each year.
Campfire Estate Planning Chat Newsletter Word Template Single Spaced Times Roman New 10 point bold MONTH YEAR: Lead Article: 1 ¾ pages [2nd page about 45 lines] [Category: Lead Article Title: Things to think about Summary: Summer at the beach, barbeques, flying kites and S’mores.
What you need to keep the young ones smiling is some good estate planning chatter.
The Practical Planner is a bi-monthly electronic (or if you prefer, paper) sophisticated planning newsletter that provides practical and creative ideas to address estate, tax, business, personal, financial, and asset protection planning.