Taking Advantage of Low Interest Rates in Estate Planning

Falling interest rates negatively affect gains to be earned on investments, but low interest rates also create a possibility for transferring more wealth tax free.  For example, an intra-family loan taking advantage of low applicable federal rates of interest could provide such wealth transfer benefits if structured properly. 

See Jason Zweig, Transferring Wealth Via the Bank of Mom & Dad, WSJ, Oct. 3, 2009, for more details.

Special thanks to James S. Galco (Trust Officer, Park National Bank) for bringing this article to my attention.