Irrevocable Grantor Trusts: IRS Ruling May Affect Your Estate Plan

By |2024-04-25T09:47:43-05:00April 26th, 2024|Blog, Estate Planning, Estate Planning|

Irrevocable Grantor Trusts (IGTs) have been a popular tool for estate planning. They help you reduce estate taxes, avoid probate, and distribute assets according to your wishes. But a new IRS ruling (Revenue Ruling 2023-2) throws a wrench into things. Let's break down what this means for you. What are Irrevocable Grantor Trusts (IGTs)? [...]