For those clients with estates in excess of the exemption from the federal estate tax, it is critical to implement strategies to minimize estate taxes beyond the use of an A-B or A-B-C trust.

We are proficient in planning estates that employ one or more of the following advanced strategies:

• Creation of fractionalized ownership of assets through family limited partnerships, limited liability companies, corporations, and tenancies-in-common
• Grantor retained annuity trusts (GRATs) and grantor retained unitrusts (GRUTs)
• Qualified personal residence trusts (QPRTs)
• Sale of remainder interests
• Sale to intentionally defective grantor trusts (IDGT)
• Self-canceling installment notes (SCINs)
• Qualified domestic trusts (QDOTs)
• Irrevocable life insurance trusts (ILITs)
• Dynasty (generation skipping) trusts
• Charitable remainder trusts, charitable lead trusts, and private foundations