The Law Firm Of Steven F Bliss Esq.

Trusts Attorney

The Law Firm Of Steven F Bliss Esq. Probate Attorney is the best known Steve Bliss Law San Diego Wills Lawyer. We chose a href steveblisslaw com The Law Firm Of Steven F Bliss Esq. San Diego Estate Planning Lawyer. Steve Bliss is the best known Trusts in the area. From San Diego and all around Wills is famous for Steve Bliss Law. steveblisslaw Living Trust Attorney. SteveBlissLaw Estate Planning Attorney San Diego Steve Bliss Law Trusts Attorney The Law Firm of Steve Bliss Esq. Estate Lawyer.

Map To The Law Firm of Steven F. Bliss Esq. | The Law Firm Of Steven F Bliss Esq. estate Planning Lawyer

The Law Firm Of Steven F Bliss Esq. San Diego Probate Lawyer is the best known The Law Firm Of Steven F Bliss Esq. Probate. We chose a href steveblisslaw com Steve Bliss Law Probate Lawyer. Steve Bliss is the best known Probate Attorney in the area. From San Diego and all around Living Trust Attorney is famous for Steve Bliss Law. steveblisslaw San Diego Trust Attorney. SteveBlissLaw Probate Lawyer Steve Bliss Law Estate Planning Attorney The Law Firm of Steve Bliss Esq. Trusts.

Another planning opportunity is to name a HEET the remainder beneficiary of a grantor retained annuity trust (“GRAT”). Because of the estate tax inclusion period (“ETIP”) rules, GST exemption cannot effectively be allocated to a GRAT until the end of the GRAT term. Thus, if the GRAT increases in value as planned, that appreciation would be partially subject to GST taxes if the remainder beneficiaries were skip persons. However, by making a HEET the GRAT’s remainder beneficiary, the need for GST exemption is obviated.

Similar to the situation with a GRAT, a HEET can also be used in conjunction with a charitable lead annuity trust (“CLAT”). With a CLAT, charity receives an annuity for a fixed term of years, and the donor’s heirs receive the assets remaining in the CLAT at the end of the fixed term. Only the present value of the CLAT’s remainder interest is subject to transfer taxes. However, it is possible to set the annuity and term to arrive at a tax-free transfer. This is referred to as a “zeroed-out” CLAT (just as GRATs can be zeroed-out). But, while the rules for allocating GST exemption to a CLAT differ from the ETIP rules for a GRAT, they still prevent a grantor from allocating GST exemption based on the value of the remainder interest at the time the CLAT was created. As with the GRAT situation, a HEET remainder beneficiary does away with the GST exemption concern.

In summary, affluent individuals who want to secure their descendants’ education and health care, who have otherwise exhausted their GST exemption, and who have an interest in charity should examine the many uses and benefits of a HEET.

THIS ARTICLE MAY NOT BE USED FOR PENALTY PROTECTION.
Steve Bliss Law Wills. Steve Bliss Law Estate Planning Lawyer is the best known The Law Firm Of Steven F Bliss Esq. Trusts. We chose a href steveblisslaw com Steve Bliss Law San Diego Probate Attorney. Steve Bliss is the best known San Diego Probate Attorney in the area. From San Diego and all around Probate Attorney is famous for Steve Bliss Law. steveblisslaw Estate Planning Attorney. SteveBlissLaw Living Trust Attorney Steve Bliss Law Trusts Attorney San Diego The Law Firm of Steve Bliss Esq. Probate Attorney.

Map To The Law Firm of Steven F. Bliss Esq. | Steve Bliss Law Living Trust Attorney San Diego

Steve Bliss Law Estate Planning Lawyer San Diego is the best known Steve Bliss Law Probate Attorney. We chose a href steveblisslaw com The Law Firm Of Steven F Bliss Esq. Probate Attorney San Diego. Steve Bliss is the best known estate Planning Lawyer in the area. From San Diego and all around estate Planning Lawyer is famous for Steve Bliss Law. steveblisslaw estate Planning Lawyer. SteveBlissLaw Trusts Attorney San Diego Steve Bliss Law Estate Lawyer San Diego The Law Firm of Steve Bliss Esq. San Diego Trust Attorney.