Tax-Related Estate Planning

by Layne T. Rushforth

Tax-Related Planning Memos

These memos cover a number of topics related to saving federal transfer taxes.
Short Title Description
Introduction to Transfer-Tax Planning Overview of federal transfer taxes including the gift tax, the generation-skipping transfer tax, and the estate tax, as well as applicable exclusions and deductions.
Estate-Reduction Techniques Estate-reducing gifts and strategies.
Estate Planning Using Business Entities Utilitizing business entities to facilitate estate-planning objectives.
Uses of Life Insurance Using life insurance to create, augment, and preserve an estate.
Irrevocable Trusts Using irrevocable trusts to reduce transfer taxes.
Grantor-Retained Annuity Trusts Making a deferred gift by retaining the right to annuity payments for a term of years.
Charitable Giving Gifts and bequests to qualified charities and trusts for charities.
The NING The Nevada Nongrantor Incomplete Gift Trust. This trust is not designed to save federal transfer taxes, but is used by persons living in a state with high personal income tax rates to eliminate or reduce the that tax.  A NING is also a self-settled spendthrift trust (asset-protection trust).
Starting a Private Foundation Creating a private foundation that is a qualified 501(c)(3) charity for federal tax purposes.
Estate-Freezing Techniques Techniques to “freeze” the value of one’s estate by shifting growth and appreciation.

Disclaimer. You must not rely on the information provided on our web sites in making your own planning decisions.