GRATs in Estate Planning Under Current Tax Law: Structuring Considerations, Income, Gift, Estate and Generation-Skipping Transfer Tax Consequences

Tuesday, February 9, 2021

Join us as Daniel Cooper, Ellen Deringer and Emily Pickering offer a comprehensive guide to the structuring of grantor retained annuity trusts (GRATs) under current tax law. The panel will go beyond the basics to provide specific drafting tools to avoid potentially costly mistakes and maximize GRATs' benefits. The panel will discuss client circumstances that benefit most from GRATs, tax consequences, and opportunities and challenges presented by a downed economy and depressed asset values. The panel will also discuss sample language for relevant clauses such as self-correcting features, asset substitution powers, term selection, and other key components of a successful GRAT.

Listen as our panel of experienced estate planning attorneys discusses best practices for maximizing the benefits of GRATs.

The panel will review these and other key issues:

  • What are the statutory and regulatory requirements for structuring GRATs?
  • How do the current interest rates and low asset values impact the viability of GRATs?
  • What are effective planning approaches for using GRATs?