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Estate Planning for Private Equity: What’s There to Know?

By Gerry W. Beyer

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-05-08/de3579e5-ca35-41b5-bdce-0f1e5c057336.pngPrivate equity managers have the ability to use giving to unlock more gifts. There are a few tips to know about estate planning for private equity.

Irrevocable gifts below the annual limit of $14,000 do not require the person giving the gift nor receiving the gift to pay taxes on it. Transferring assets at the moment of death will prevent them from being part of the taxable estate.

Defective grantor trusts and grantor retained annuity trusts are terrific tools to save money and transfer funds efficiently. But with the complexities that still exist from interest rates and taxes, it is never a bad idea to retain an estate planning attorney.

See Estate Planning for Private Equity: What’s There to Know?, FINSMES, May 4, 2018.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.) for bringing this article to my attention.

Posted in:
Estate Administration, Estate Planning - Generally, Generation-Skipping Transfer Tax, Gift Tax and Trusts