Your SlideShare is downloading. ×

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

317

Published on

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.

Published in: Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
317
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

×