Click here to read David M. Frees III's recent report on House Bill 4849 that would ban one of your best estate planning techniques, the short term GRAT or Grantor Retained Annuity Trust.

This thechnique is perfect for the current times of depressed asset values (and returning appreciation) coupled with low interest rates.  This is one of the few well established and legal techniques to give assets away, to get them back, and to get all of the appreciation out of your estate without paying gift taxes. 

The technique is so powerful that it is under attck and this may be the last chance you have to use the short term GRAT.

A grooup dedicated to the rich paying their fare share of taxes has been lobbying for the elimination of GRAts and estimates that the new bill will produce billions of revenue over the next ten years.

To find out more about GRATS, short term grantor trusts, and news about the pending changes in the law on GRATs click here.

If you would like to make an appointment with David M. Frees III regarding a GRAT or any other estate planning strategies, or simply to update your wills, trusts, or related documents which might no longer work due to changes in the federal estate tax law, please call 610-933-8069.  For a free phone consultation or appointment mention code:  GRAT.

The firm Unruh, Turner, Burke and Frees maintains offices in Phoenixville, Malvern, and West Chester for the convenience of the families and individuals that consult us regarding wealth planning, estates and trusts,  and estate, business,  and tax planning.  These offices serve Berwyn, MDevon, Exton, Gladwyn, Radnor, and many surrounding communities.
David M. Frees, III
Attorney, Speaker and Author
1 Comments
This is one of the few well established and legal techniques to give assets away, to get them back, and to get all of the appreciation out of your estate without paying gift taxes.
by James Morgan - Puritan Financial Advisor August 13, 2010 at 05:01 AM
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