Article on DING Trusts

Robert L. Moshman (Attorney, New York and New Jersey) recently published his article entitled, Return of DING Trusts,The Estate Analyst (Apr. 2013). As its title suggests, the aritcle focuses on the recent changes in tax law and the effect that it will likely have on elder law planning. An excerpt from the article is below:

Spring, summer, autumn, winter— the passing seasons leftbehind a little-known technique. Delaware incomplete non-grantor (DING) trusts providedstate-of-the-art asset protection, along with a unique talent for avoidingstate income taxes.

Yet women and men (both littleand small) cared for DING trusts not at all¹—at least not without amore robust IRS approval. But, in 2013, through a happy confluence of events,the DING has returned in time for spring. Shall we DING? Dare we DING?

To get to the heart of this fascinating concept,we are delighted to have the assistance of William D. Lipkind, who justobtained a key PLR to reawaken DINGs; Steven J. Oshins, an expert on domesticasset protection trust (DAPT) jurisdiction variations; and Jonathan G. Blattmachr,the preeminent master of creative estate planning techniques.