ENG2332. Planning with Grantor Trusts (TAX, EST)

This course will describe how grantor trusts came about, the rules used to determine if a trust is or is not a grantor trust and how to determine grantor trust status. We will address multiple issues of planning with grantor trusts – from living trusts for many clients to sophisticated planning techniques including Spousal Lifetime Access Trusts (SLATs), Grantor Retained Interest Trusts (GRATs), Qualified Personal Residence Trusts (QPRTs) and Intentionally Defective Grantor Trusts (IDGTs). The course will address the critical planning issues to be addressed in the coming months and the legislative proposals to end the favorable planning opportunities presented by grantor trusts.

Learning Objectives:

• 1. Gain an understanding of the grantor trust rules and how they determine how a person's income will be taxed and how their estate tax issues must be considered. 3. Evaluate the proposed changes to longstanding grantor trusts rules and opportunities that could eliminate them as a preferred planning technique.
• 2. Address a wide variety of tax planning techniques unique to the grantor trust - learn how these techniques work and when best to use them.
• 3. Evaluate the proposed changes to longstanding grantor trusts rules and opportunities that could eliminate them as a preferred planning technique.