Beneficiary defective inheritor’s trust

Robert Moshman (writer and attorney) has written an article entitled The Estate Analyst: “Freeze, Squeeze & Burn Trusts”, Feb. 15, 2009.

Here is a summary of the article:

Richard Oshins has come up with a completely new approach for estate planning, a beneficiary defective inheritor’s trust. This arrangement works by “freezing” estate asset values, “squeezing” value by exchanging minority interests in businesses that are subject to valuation discounts, and “burning” off the trust’s income tax strategically. Will this new trust withstand IRS scrutiny? Will it be too expensive to administer? The article lays out a nice overview of this new type of estate planning technique.