Tuesday, January 6, 2009

What questions should I ask my Attorney?

1. Are GRATS (Grant or Retained Annuity Trust) a good way to transfer wealth to heirs with minimum levels of taxation?
2. Are IDGTS (Intentional Defective Grantor Trust) an ideal instrument as a seed gift?
3. If I rely on real estate wealth to pay for estate taxes why should I reconsider Life Insurance?
4. Will self-settled trusts help protect me in a downturn?
5. How is a CDAR (Certificate of Deposit Account Registry) protected by the FDIC?
6. Is an intra-family loan a good way to ensure the lowest taxable rate?

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