Magazine

Table: How the GRAT Works


1. Select an asset that is poised for rapid appreciation

2. Decide how long you want the trust to last

3. Withdraw the entire value of what you put into the trust over its lifetime

4. Take back 6.2% of the GRAT's annual appreciation

5. What's left in the GRAT after all the withdrawals goes to your heir, free of gift and estate taxes


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus