12/08/2010
Holiday Gift 2010 - Part II - Estate and Gift Tax Update
The state of the law and the economic situation at the end of 2010 presents some unique opportunities to reduce estate and gift taxes through careful planning. In this client alert, we discuss selected techniques for doing so, including inter-family loans, sales to grantor trusts for family members, grantor retained annuity trusts, charitable lead annuity trusts and annual gifting. We also describe pending changes to estate and gift tax rules.