×
  • Share
  • Email
  • Embed
  • Like
  • Private Content

InKnowVision HNW Technical Webinar - GDOTs: Grantor Deemed Owner Trusts Part 2

by on Mar 14, 2012

  • 446 views

Grantor Deemed Owned Trusts are also know as Intentionally Defective Grantor Trusts. They are a powerful estate planning tool. In this second of a two part serious you will learn the technical aspects ...

Grantor Deemed Owned Trusts are also know as Intentionally Defective Grantor Trusts. They are a powerful estate planning tool. In this second of a two part serious you will learn the technical aspects of IDGTs also known as GDOTs.

What is a Grantor Deemed Owned Trust( GDOT) also know as an Intentionally Defective Grantor Trust (IDGT)? A GDOT is a complete transfer to a trust for transfer tax purposes but an incomplete, or “defective,” transfer for income tax purposes. The trust is irrevocable for estate and gift purposes. Because the grantor does not retain any powers that would cause estate tax inclusion, the future value of the assets transferred is removed from the grantor’s gross estate on the date of the trust’s funding.

Learn more by viewing this session by Scott Hamilton, CEO of InKnowVIsion.

Statistics

Views

Total Views
446
Views on SlideShare
446
Embed Views
0

Actions

Likes
0
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via SlideShare

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
Post Comment
Edit your comment